Producer Prices Jump More Than Expected
Washington, DC, July 15, 2008-- Producer prices jumped in June on a spike in energy costs, according to the Labor Department.
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.
Retail Sales Rise in Early July
Washington, DC, July 15, 2008--Retail sales rose on a year-over-year basis in the week ending July 12, according to a weekly survey from the International Council of Shopping Centers (ICSC) and UBS Securities.
Wet Weather Hurting Indian Carpet Weavers
Varanasi, India, July 14--Continuous rainfall and steamy weather condition have hurt the carpet industry in Varanasi, an area known for its hand woven carpets.
Partnership Diverts Carpet from Landfill
Dulles, VA, July 15, 2008--The combined efforts of Potomac Floor Covering and Vornado/Charles E. Smith Commercial Realty diverted more than 228,000 pounds of commercial carpet from January 2006 through March of 2008.
'Color Me Beautiful' Part of Carpet One Program
Kennesaw, GA, July 15, 2008--On July 22, Wear-Dated’s Christine Whittemore, director of in-store innovation, will present Color Me Beautiful: Let Color be Your Guide to Sales Success at Carpet One Floor & Home’s Summer Convention Education Day.
Iran Hosting Hand-Woven Carpet Exhibition
Tehran, Iran, July 15, 2008--The director of Iran National Carpet Center said that the 17th Hand-woven Carpet Exhibition will be held from Aug. 22-28 in Tehran Permanent International Fairgrounds.
Pfleiderer Building Plant in Russia for Furniture
St. Petersburg, Russia, July 15, 2008--Laminate and board maker Pfleiderer AG is building a second factory in Russia, to be launched in next summer, local officials said in statement on Tuesday.
Federal Reserve Backs Freddie, Fannie
Washington, DC, July 14, 2008--The Federal Reserve and the Treasury Department announced steps Sunday to back mortgage giants Fannie Mae and Freddie Mac.
Former HD Manager Guilty in Flooring Scheme
Atlanta, GA, July 14, 2008--Former Home Depot purchasing manager James P. Robinson pleaded guilty Friday in federal court to three felony counts regarding a flooring kickback scheme.
Dealers Get Break on CMI Outdoor Rugs
Pawtucket, RI, July 15, 2008 --Colonial Mills Inc. said that one of its most popular braided-texture rugs for outdoor applications, simply home, is now 50 percent off for dealers.