Chain Store Sales Up Fourth Consecutive Week
New York, NY, Oct. 7, 2009--U.S. weekly chain store sales rose 1 percent for the seven days that ended Oct. 3, according to the International Council of Shopping Centers (ICSC) and Goldman Sachs.
Today's Flooring News
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Mohawk Ranked in Newsweek 'Green' List
Dalton, GA, Oct. 7, 2009--Mohawk Industries came in at number 227 on Newsweek magazine's ranking of the 500 largest U.S. companies.
Consumers Stuck To Basics Last Year
Washington, DC, Oct. 7, 2009--U.S. families stuck to the basics last year when it came to spending, according to the Labor Department.
IVC Signs Distributor All Tile for N. Central U.S.
Dalton, GA, Oct. 6, 2009--IVC U.S. said that All Tile distribution will handle its Flexitec and private label products in the North Central U.S. regions.
Omnova Reports Higher Earnings, Lower Sales
Fairlawn, OH, Oct. 6, 2009--Speciality chemicals company Omnova Solutions reported third quarter net income of $10.1 million, or $0.23 per share, compared to net income of $3.1 million, or $0.07 per share, a year ago.
NRF Issues Pessimistic Holiday Shopping Forecast
Washington, DC, Oct. 6, 2009--The National Retail Federation, usually bullish about holiday sales, predicts a 1 percent decline in total sales to $437.6 billion for November and December combined.
Apartment Vacancies Hit 23-Year High
New York, NY, Oct. 6, 2009--Apartment vacancies hit their highest point since 1986, according to Reis Inc., a New York real-estate research firm that tracks vacancies and rents in the top 79 U.S. markets.
Tennant Technology Reduces Footprint, Group Says
Minneapolis, MN, Oct. 6, 2009—Tennant Company said that its ec-H2O technology has been shown to significantly reduce environmental footprints across seven key categories when compared to traditional cleaning with chemicals.
Aquafil To Unveil New Color Program at Celebration
Cartersville, GA, Oct. 5, 2009--Aquafil USA said it is launching the largest ever solution dyed nylon program, featuring 330 colors all available in the 1260 Denier Chromacasa yarn system.
Commercial Real Estate Under Pressure
New York, NY, Oct. 6, 2009--New York Federal Reserve Bank President William Dudley said the commercial real estate sector is under particular pressure because the fundamentals of the sector have deteriorated sharply.