Lumber Liquidators Fires Merchandising SVP
Toano, VA, Oct. 1, 2010--Lumber Liquidators said it has terminated Andrew P. Shulklapper, the company's senior vice president, merchandising since 2007.
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.
Tile Maker Uses Porcelain from Old Sinks, Toilets
San Jose, CA, Oct. 1, 2010--San Jose's Fireclay Tile is using porcelain from old sinks, toilets and bathtubs to produce a line of ceramic tiles, according to a story in the San Jose Mercury News.
NAHB Seeks Change To New Lending Program
Washington, DC, Oct. 1, 2010--The National Association of Home Builders is urging the Senate to pass legislation that would allow construction loans to be eligible for the new small business lending fund.
Personal Income Outpaces Spending in August
Washington, DC, Oct. 1, 2010--Personal income rose 0.5% in August while real consumer spending rose 0.2%, the Commerce Department said Friday.
Richmond Tile Buys European Inventories
Staten Island, NY, Oct. 1, 2010--Richmond Tile & Bath recently purchased two European-warehoused inventories, according to a story in the Staten Island Advance.
Foreclosures Make Up Fewer Home Sales in Q2
Irvine, CA, Sept. 30, 2010--One in every four U.S. homes sold in the second quarter was a foreclosure, according to RealtyTrac.
Omnova Solutions Net Income Falls, Sales Rise
Fairlawn, OH, Sept. 30, 2010--Omnova Solutions reported third quarter net income was $3.5 million, or $0.08 per share, down $6.6 million compared to last year.
Initial Jobless Claims Fall More Than Expected
Washington, DC, Sept. 30, 2010--Initial jobless claims fell 16,000 to 453,000 in the latest week, putting new claims back to where they were at the start of 2010.
Second Quarter GDP Revised Higher
Washington, DC, Sept. 30, 2010--Gross Domestic Product grew at an annual rate of 1.7% in the second quarter, the government said on Thursday.
Iranian Carpet Import Ban Begins
Tehran, Iran, Sept. 30, 2010--The price of Persian carpets outside the U.S. is expected to fall as a result of oversupply following a U.S. ban on their importation.