The Floor Trader to Open 10 Stores in Michigan
Detroit, MI, May 10, 2007--The Floor Trader, a St. Louis-based midsize flooring retailer, plans to open 10 stores in Michigan--most of them in Metro Detroit--over the next three years.
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.
Remodeling Market Erodes in 1Q
Washington, DC, May 10, 2007--Remodeling activity eroded slightly in the first quarter of 2007, according to the National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI).
Toll Bros. to Miss Projections
Horsham, PA, May 10, 2007-- Toll Brothers, the nation's largest builder of luxury homes, warned that it won't meet prior earnings projections.
Congoleum Reports 1Q Loss
Mercerville, NJ, May 10, 2007--Congoleum in the first quarter ended reported a net loss of $351,000, versus a net income of $211,000in the first quarter of 2006.
Armstrong Holdings to Dissolve
Lancaster, PA, May 10, 2007--Armstrong Holdings, Inc., said its board of directors has approved a plan to dissolve the Company and distribute its assets of approximately $27 million in cash to shareholders.
Nielsen/Netratings Launches Video Research Service
New York, NY, May 7, 2007--Nielsen//NetRatings today made available VideoCensus, an accurate online video measurement research service.
NFIB Small-Business Optimism Index Down
Washington, D.C., May 9, 2007--Slower growth, rising prices and weaker capital spending by small firms sent the NFIB Small-Business Optimism Index down 0.5 points in April—settling at 96.8 (1986=100).
NAM Task Force Discusses China Trade Relations
Washington D.C., May 9, 2007--The National Association of Manufacturers’ U.S.-China Business Relations Task Force met with senior administration officials.
Mortgage Apps Increase in Latest MBA Survey
Washington, D.C. May 9, 2007--The Mortgage Bankers Association (MBA) today released its weekly Mortgage Applications Survey for the week ending May 4, 2007.
Purchasing and Supply Executives Predict Growth
Tempe, AZ, May 9, 2007--Economic growth in the United States is sustainable throughout the remainder of 2007, say the nation's purchasing and supply executives in their spring 2007 Semiannual Economic Forecast.