Chain Store Sales Up Over Last Year
New York, NY, Aug. 24, 2010--Chain-store sales for the week of Aug. 21 increased 2.3% from the year-earlier period, according to 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.
German Analyst Issues 'Sell' on Pfleiderer Stock
Neumarkt, Germany, Aug. 24, 2010--Pfleiderer AG, the German maker of laminate flooring and parent company of Pergo, was downgraded by equity analyst Heino Hammann.
Oil Prices Continue To Fall on Economic Concerns
New York, NY, Aug. 24, 2010--Oil prices fell to near $72 a barrel Tuesday as the dollar strengthened against the euro and regional markets fell on concerns about the pace of the global economic recovery.
Shaw Using Tag Technology at Retail Stores
Dalton, GA, Aug. 23, 2010--Shaw Floors said it is incorporating quick response tag technology into its point-of-purchase materials.
Mullican Providing Hardwood in HGTV Promotion
Johnson City, TN, Aug. 23, 2010--Mullican Flooring is the exclusive flooring sponsor for HGTV's Urban Oasis Giveaway.
Clarion Investing $10 Million To Ready for Growth
Shippenville, PA, Aug. 23, 2010--Laminate flooring maker Clarion Industries said it is investing $10 million to help prepare the company for future growth.
WONZ Offering Premier Retailers November Discount
Marietta, GA, Aug. 23, 2010--Wools of New Zealand’s participating mill partners will offer Premier Partner retailers a minimum 10% off wholesale prices during a promotion that runs Nov. 1-30.
Unemployment Still Primary Economic Concern
Washington, DC, Aug. 23, 2010--The biggest area of economic concern continues to be the employment situation, according to Dave Huether, chief economist for the National Association of Manufacturers.
Shaw Issues Second Sustainability Report
Dalton, GA, Aug. 20, 2010--Shaw Industries released its second annual sustainability report, “Where Sustainability is Personal.”
Housing Affordability Remains High, NAHB Says
Washington, DC, Aug. 20, 2010--Housing affordability remains near its highest level over the last two decades, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index.