Retail Sales Up Less Than Expected in July
Washington, DC, August 13, 2007--Retail sales increased 0.3% in July, according to the Commerce 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.
Sears Lowers 2Q Guidance
Hoffman Estates, IL, August 13, 2007--Sears Holdings narrowed its second-quarter earnings guidance, in part due to higher markdowns and a drop in Kmart and Sears domestic same-store sales.
Hovnanian Expects 3Q Charges
Red Bank, NJ, August 13, 2007--Hovnanian Enterprises said it anticipates large charges for land impairments and writeoffs in the third quarter due a continued slowdown in home sales and pricing in certain areas.
10th Domotex asia/ChinaFloor Scheduled for March
Shanghai, China, August 13, 2007--The 10th Domotex asia/ChinaFloor show will take place at Shanghai New International Expo Centre March 11 -13.
U.S. Sanctions Don't Worry Iran's Carpet Company
Tehran, Iran, August 13, 2007--Iran's carpet industry does not fear possible U.S. sanctions against one of the country's main export earners as buyers would be able to circumvent such an import ban, a senior executive said.
U.S. and Germany Top Importers of Persian Carpets
London, England, August 13, 2007--The U.S and Germany have ranked first and second, respectively, among importers of Persian carpets in the past six years.
iFloor Reaches Half Millionth Customer Mark
Tukwila, WA, August 10, 2007 – iFloor, an online and retail flooring company, said it has reached the 500,000 customer mark and has just opened its 32nd retail store.
Pergo Launches Enhanced Vintage Home Line
Raleigh, NC, August 9, 2007--Pergo has launched an enhanced Vintage Home line.
Shaw Names Environmental Affairs VP
Dalton, GA, August 9, 2007- Shaw Industries has named Richard (Rick) Ramirez vice president of sustainability and environmental affairs.
New NSF Standard Covers Resilient Flooring
NSF International has issued a trial draft standard for sustainable resilient flooring.