Bassett Posts 1Q Loss
Bassett, VA, April 3, 2007--Bassett Furniture in the first quarter reported a net loss of $4.2 million or $0.35 per share as compared to net income of $2.2 million or $0.18 per share in the first quarter of 2006.
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.
2007 Market Improves for Graduates
Maynard, MA, April 3, 2007--Continuing the strong hiring demand seen for last year's graduates, the class of 2007 will soon enter an even healthier labor market, according to MonsterTrak.
Five Charged in $4M Rug Scheme
Boston, MA, April 3, 2007--Five men have been charged with stealing more than $4 million from Building 19 stores, using a scheme that involved sending incomplete rug orders.
Daltile Opens Three Tile & Stone Galleries
Dallas, TX, April 3, 2007--Daltile has added three new Tile & Stone Galleries to its network of design centers across the United States.
Johnsonite Intros Modular Rubber Tile
Chagrin Falls, OH, April 3, 2007--Johnsonite has introduces Circulinity a collection of textured rubber tile patterns that can be used together in creating a limitless number of unique interior environments.
Court OKs Armstrong Holdings, AWI Settlement
Lancaster, PA, April 3, 2007--Armstrong Holdings, Inc. said that the Bankruptcy Court has approved the Company's settlement with its former subsidiary, Armstrong World Industries, Inc.
ISM Manufacturing Index Slides in March
Tempe, AZ, April 2, 2007--Economic activity in the manufacturing sector expanded in March but at slower rates, said the nation's supply executives in the latest Manufacturing ISM Report On Business.
ICSC: Congress May Look at Web Retailers Tax
Washington, DC, April 2, 2007--The days of the Internet as a tax-free venue, may be numbered, according to the International Council of Shopping Centers (ICSC).
Armstrong Reports 4Q Results
Lancaster, PA, April 2, 2007--Armstrong World Industries in the fourth quarter 2006 reported operating income from continuing operations that increased to $16.5 million from a $10.1 million loss in the fourth quarter of 2005.
NAR Sees Short-Term Impact from Subprime Reforms
Washington, DC, April 2, 2007--Current market problems and reforms in the underwriting and pricing of subprime loans, including the tightening of underwriting standards by regulators, will have a short- term impact on housing markets.