Kohl's, Penney, See Income Fall in Quarter
Menomonee Falls, WI, Nov. 14, 2008--Kohl's Corp. and JC Penney both reported that their profit fell in the third quarter.
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.
Wicanders Cork Flooring Gets Greenguard Approval
Hanover, MD, Nov. 14, 2008---The Greenguard Environmental Institute (GEI) has recently certified five product lines of Wicanders Cork Oak Floors.
FDIC Backs New Plan To Avoid Foreclosures
Washington, DC, Nov. 14, 2008--The Federal Deposit Insurance Corp. says a new plan could help 1.5 million American households avoid foreclosure.
Consumer Sentiment Rises Slightly This Month
Ann Arbor, MI, Nov. 14, 2008--U.S. consumer sentiment rose in November from the prior month, though it remains at relatively low levels, according to a media report on the University of Michigan/Reuters index released Friday.
Retail Sales Fall by Record Amount in October
Washington, DC, Nov. 14, 2008--U.S. retail sales plunged a record 2.8% in October as sales of autos and gasoline plummeted, the Commerce Department estimated Friday.
Foreclosures Show No Signs of Slowing in October
Irvine, CA, Nov. 13, 2008--Another 84,868 homes were lost to foreclosure in October
Dalton Industries Face Big Utility Increases
Dalton, GA, Nov. 13, 2008--Electricity rates for Dalton Utilities industrial customers will rise 12 percent and rates for commercial customers will rise 11 percent, according to a story in the Dalton Daily Citizen.
Bentley Prince Street Wins CA Sustainable Award
Los Angeles, CA, Nov. 13, 2008--The California Integrated Waste Management Board has chosen carpet manufacturer Bentley Prince Street as the recipient of the 2008 CalRecycle Sustainable Business Award.
Oil Prices Continue To Slide, Could Test $50 Soon
New York, NY, Nov. 13, 2008--Oil prices fell to near $55 a barrel Thursday in Asia as more bad economic news from the U.S. heightened fears of a severe global downturn.
Nash Named Laticrete Director of Sales
Bethany, CT, Nov. 13, 2008--Laticrete has named Ron Nash director of sales of the Architectural Products Division.