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.

Furniture Brands Lowers 3Q Guidance

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.

Chain Store Sales Down 1.1% Last Week

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.

Retail CFOs See 5.6% Growth in 2007

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

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%.