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.
New York, NY, Aug. 6, 2010--Retailers reported Thursday that sales at stores open at least a year were weaker than expected in July, increasing 2.9% from July of last year, according to a tally by Thomson Reuters.
Atlanta, GA, Aug. 5, 2010--Beazer Homes USA reported a smaller quarterly loss as sales closings rose in advance of the expiration of the federal homebuyer tax credit.
Tehran, Iran, Aug. 5, 2010--Iran has exported close to $104 million worth of hand-woven carpets in the first four months of the current Iranian year that began on March 21.
Washington, DC, Aug. 5, 2010--Initial jobless claims rose by 19,000 to 479,000 in the latest week, the Labor Department reported Thursday.
Baltimore, MD, Aug. 5, 2010--Lumber Liquidators reported second quarter earnings per share of $0.32, which was lower than the $0.35 per share estimate by flooring industry analyst Stifel Nicolaus.
New York, NY, Aug. 5, 2010--Oil prices hovered above $82 a barrel Thursday in Asia, near a three-month high.
Dalton, GA, July 30, 2010--Clear Path Recycling, a joint venture company established by Shaw Industries and DAK Americas, began processing operations in July.
Ft. Lauderdale, FL, Aug. 2, 2010--Brush and Clean said it has expanded into North America, with the opening of its headquarters in Ft. Lauderdale and distribution facility in Pennsylvania.
Ann Arbor, MI, July 30, 2010--U.S. consumer sentiment fell in July to its lowest level in nine months, according to the Thomson Reuters/University of Michigan's Surveys of Consumers.
Toano, VA, Aug. 4, 2010--Lumber Liquidators reported that second quarter net income increased 31.0% to $9.1 million, or $0.32 per share, compared to $6.9 million, or $0.25 per share, a year ago.