Chain Store Sales Rise 1.9% Over 2009
New York, NY, Oct. 26, 2010 -- U.S. chain-store sales last week rose by 1.9% compared with one year ago, according to the International Council of Shopping Centers (ICSC) 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.
Sherwin-Williams Quarterly Profit Ticks Higher
Cleveland, OH, Oct. 26, 2010 -- Sherwin-Williams reported a quarterly profit of $175.3 million, or $1.60 a share, compared with $175.2 million, or $1.51 a share, a year ago.
House Prices Rise From July to August
Washington, DC, Oct. 26, 2010 -- U.S. house prices rose 0.4% on a seasonally adjusted basis from July to August, the Federal Housing Finance Agency said Tuesday.
Tennant Cleaning Technology Spurs Higher Income
Minneapolis, MN, Oct. 26, 2010 -- Tennant Company reported third quarter net earnings of $7.5 million, or $0.39 per share, on net sales of $168.6 million.
NAR Says Housing Sales Recovery Has Begun
Washington, DC, Oct. 25, 2010 -- House resales rose again in September, affirming that a sales recovery has begun, according to the National Association of Realtors.
Analysts See Higher Consumer Spending Soon
New York, NY, Oct. 25, 2010 -- Analysts are predicting that the American consumer is about to start shopping again and will lift the economy, according to a story by Bloomberg News.
NABE Sees Slower Growing Economy
Washington, DC, Oct. 25, 2010 -- Business economists say the U.S. economy should continue to grow this year but at a slower pace than they initially thought.
Oil Climbs Back Near $83
New York, NY, Oct. 25, 2010--Oil prices jumped to near $83 a barrel Monday in Asia.
Armstrong Building Ceiling Tile Plant in W. Va.
Charleston, WVA, Oct. 25, 2010 -- Armstrong World Industries is investing about $35 million to build a new plant in Jackson for the production of ceiling tiles.
U.S. Hardwood Mfgrs Petition Chinese Imports
Washington, DC, Oct. 21, 2010 -- U.S. engineered hardwood flooring manufacturers have charged China with unfair trade practices.