Chain Store Sales Higher Than Year Ago
New York, Ny, June 3, 2010--Chain-store sales for the week ended May 29 rose 2.5% from the year-earlier period, according to a survey released by the International Council of Shopping Centers and Goldman Sachs.
Today's Flooring News
Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.
Consumers Hold Back on Spending in May
New York, NY, June 3, 2010--Consumers held back on their spending in May, according to MasterCard Advisors' SpendingPulse.
Beaulieu's Bouckaert Chairs North Georgia Run
Dalton, GA, June 3, 2010--Beaulieu owner Carl Bouckaert was named chairman for the North Georgia Start! Heart Walk.
Initial Jobless Claims Fell Last Week
Washington, DC, June 3, 2010--Initial jobless claims fell by 10,000 to 453,000 in the latest week, the Labor Department reported.
Retailer's Green Marketing Focuses on Shaw
Dalton, GA, June 3, 2010--Multi-family flooring retailer Diversified Flooring of Raleigh and Charlotte, N.C. has begun a new environmentally-focused marketing program centered on Shaw’s recycling efforts.
Invista Unveils New Fiber
Atlanta, GA, June 3, 2010--Invista said it has unveiled the first carpet fiber to combine recycled and renewable content in a single fiber offering but the company did not provide figures for a minimum percentage.
Builder Hovnanian Sees Smaller Quarterly Loss
Red Bank, NJ, June 3, 2010--Homebuilder Hovnanian said it lost $28.6 million, or $0.36 a share, in the three months ended in April, compared to a loss of $118.6 million, or $1.50 a share, in the prior-year period.
Pending Home Sales Surge 6% in April
Washington, DC, June 2, 2010--Pending home sales rose 6% in April after an upwardly revsed 7.1% increase in March, the National Association of Realtors reported Wednesday.
Tandus Launches Sustainable Portfolio System
Dalton, GA, June 1, 2010--Tandus Flooring said it has launched a new, sustainable product portfolio system that is completely reusable and features a more detailed spine description with Microsoft Tag technology.
Ascend Marks First Anniversary
Houston, TX, June 2, 2010--Ascend Performance Materials marked its first anniversary on June 1.