Chain-Store Sales up 1%
New York, NY, November 6, 2007—Chain-store sales rose rose 1% for the week ended November 3, compared to the prior week, according to the International Council of Shopping Centers (ICSC) and UBS Securities.
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.
Formica Flooring Launches Mirabella Collection
Barnwell, SC, November 6, 2007--Formica Flooring has launched Mirabella, an eight-SKU collection with 10mm thick planks.
AIA Releases 2007 Update to Contract Documents
Washington, DC, November 6, 2007--The American Institute of Architects (AIA) has updated its AIA Contract Documents, which have defined the contractual relationships in the design and construction industry for 120 years.
UK's Cavalier Moving Some Production to Poland
Blackburn, England, November 6, 2007-- Cavalier Carpets is moving a section of its production department to Poland and axing 30 jobs.
Hoboken Closes Doors, Suppliers File Suits
Wayne, NJ, November 6, 2007--Monday morning Jodi Riley, payroll manager for the now-closed Hoboken Wood Flooring LLC in Wayne, handed out the final paychecks.
Beazer Cuts Jobs, Suspends Dividend
Atlanta, GA, November 6, 2007--Beazer Homes USA said said it cut 25% of its staff, would suspend its dividend and sees at least $230 million in noncash impairment charges in its fiscal fourth quarter.
Armstrong 3Q Sales and Operating Earnings Up
Lancaster, PA, November 6, 2007-- Armstrong World Industries reported operating income from continuing operations of $85.9 million up from $65 million in the third quarter of 2006.
Berkshire’s 3Q Earnings Up, Shaw’s Earnings Off
Omaha, NE, November 2, 2007--Berkshire Hathaway reported net earnings in the third quarter that rose 64% to $4.55 billion, or $2,942 a Class A share, compared with $2.77 billion, or $1,797 a Class A share, a year earlier.
Carpet's Sustainability Standard Established
Dalton, GA, November 2, 2007--The American National Standards Institute (ANSI) has approved new standards for sustainable carpet, NSF 140-2007, as an American National Standard.
NTCA Calls for Entries for Installation Awards
Jackson, MS, November 5, 2007--The National Tile Contractors Association (NTCA), the largest tile contractors association, is requesting seeking entries for its Fifth Annual TileLetter Installation Awards.