Costco's 2Q Earnings Off 16%
Issaquah, WA, March 8, 2007--Costco Wholesale posted a 16% drop in second-quarter profit, hurt by rising costs and charges.
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.
CEOs: Economy in Stable Growth Position
Washington, DC, March 8, 2007--Business Roundtable's first quarter 2007 CEO Economic Outlook Survey shows that leaders of America's top companies continue to see the U.S. economy in a stable growth position.
Green Homebuilding Slowed by Costs
New York, NY, March 8, 2007--Green building as a cause has united disparate parties, from environmental groups to big business to policymakers, but one key industry has struggled to react to the change in public sentiment.
Initial Jobless Claims Down
Washington, DC, March 8, 2007--The number of workers filing for unemployment benefits fell by a seasonally adjusted 10,000 last week to 328,000.
Toll CEO: Company Burning Through Inventory
New York, March 8, 2007--Toll Brothers said it would "burn through" its inventory in many markets in four or five months.
Shaw Named to Training Magazine’s Top 125
Dalton, GA, March 8, 2007--For the third consecutive year Shaw Industries has been named to Training Magazine’s “Training Top 125”.
Formica Offers Moisture Warranty
Barnwell, SC, March 8, 2007--Formica Flooring has extended its existing residential product warranty to include topical moisture damage.
CTEF Appoints New Executive Director
Pendleton, SC, March 8, 2007--The Ceramic Tile Education Foundation (CTEF) Board of Directors has appointed a new executive director, Scott Carothers, effective April 15, 2007.
Horton CEO: 2007 Is Going to 'Suck'
Ft. Worth, TX, March 8, 2007--The CEO of the nation's largest homebuilder by volume said that 2007 would "suck" for his company, providing the clearest signal yet that a recovery in the battered sector is farther off than many thought.
Shaw Continues “I Want a Floor" Campaign
Dalton, GA, March 8, 2007--Shaw will solidify an aggressive marketing approach in 2007 with a continuation of the successful “I want a floor…” national consumer advertising campaign.