Armstrong Awarded Hardwood Patent
Lancaster, PA, September 17, 2007--Armstrong World Industries has been awarded a patent for its NextGentechnology for locking engineered hardwood flooring.
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.
Brintons Announces New Distribution Strategy
Atlanta, GA, September 17, 2007--Brintons, manufacturers of wool-rich woven Axminster carpet, has a new marketing and distribution strategy for its residential carpet operations in the U.S. and Canada.
Shaw Announces 2007 Fall Marketing Plans
Dalton,GA, September 17, 2007--Shaw will implement an aggressive fall 2007 advertising schedule that specifically targets female consumers.
Furniture Brands Lowers 3Q Guidance
St. Louis, MO, September 18, 2007--Furniture Brands International lowered its third quarter outlook citing continued softening of its business and weakening of order flow.
Caesars Palace Gets a Unique Flooring Flavor
Dalton, GA, September 18, 2007--In today’s hospitality industry, design and comfort are king.
Chain Store Sales Down 1.1% Last Week
New York, NY, September 18, 2007—Chain store sales were off 1.1% in the week ended September 15 from the prior level, according to the International Council of Shopping Centers-UBS Retail Chain Store Sales Index.
Foreclosure Filings Way Up For Month, Year
New York, NY, September 18, 2007--Foreclosure filings rose 36% in August from July and 115% from a year ago.
Producer Prices Off 1.4% Core Prices Up
Washington, DC, September 18, 2007—The producer price index fell 1.4% in August, the largest drop in the index since October, according to the Labor Department.
Retail CFOs See 5.6% Growth in 2007
Chicago, IL, September 18, 2007--Chief financial officers at leading U.S. retailers are predicting 5.6% growth for 2007, according to a new study by BDO Seidman, LLP.
Hovnanian 3-Day Sale a Success
Red Bank, NJ, September 18, 2007--Home builder Hovnanian, which held a nationwide three-day sale to lower its inventory of unsold homes, said on Monday the weekend event was a success, sending its shares up as much as 5.5%.