Jobs Up, Unemployment Down 0.1%
Washington, Dc, September 1, 2006--Nonfarm payrolls in August grew by 128,000, according to the Labor Department said Friday. The unemployment rate inched lower to 4.7% in August from 4.8% in July.
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.
Great Floors to Add Another Location
Lacey, WA, September 1, 2006--Flooring retailer Great Floors expects to break ground on a 48,000-square-foot store in the next 30 days, a branch manager said Thursday.
Bridger Resigns as Tandus CEO
Dalton, GA, September 1, 2006--Tandus Group, Inc., announced today that its board of directors has accepted the resignation of Edgar "Mac" Bridger from the boards of Tandus and C&A Floorcoverings, effective August 31, 2006.
Consumer Sentiment Up at End of August
Ann Arbor, MI, September 1, 2006--Consumer sentiment improved in late August, according to media reports of proprietary research from the University of Michigan.
Retailers Report Mixed Results in August
New York, NY, August 30, 2006--The nation’s major retailers reported results for August; the winners included Wal-Mart and Federated Department Stores. J.C. Penney Co., was among the big disappointments and Gap Inc., again struggled with its fashions.
Home Depot to Layoff 300 at HQ
Atlanta, GA, August 30, 2006--According to the Atlanta Journal-Constitution Home Depot told employees today that it will lay off 300 workers at the company’s Cobb County headquarters.
Q2 GDP Revised to 2.9%
Washington, GA, August 30, 2006--Gross domestic product for the second quarter was revised to 2.9% annualized from the earlier estimate of 2.5%, the Commerce Department said Wednesday.
Columbia Debuts Wide Plank Clic Laminate
Danville, VA, August 30, 2006--Columbia Flooring today announced the introduction of Clic Xtra, a new glueless laminate plank offered in lengths and widths specifically designed to replicate the look of premium hardwood flooring.
Consumer Confidence Down in August
Washington, DC, August 29, 2006--Consumer confidence weakened sharply in August, the Conference Board said Tuesday. The consumer confidence index fell to 99.6 in August from a revised 107.0 in July.
Stainmaster Carpet Celebrates 20th Year
Atlanta, GA, August 28, 2006--Stainmaster carpet, which revolutionized the industry with its stain resistance capability when it was introduced in 1986, is celebrating its 20th anniversary. Today, the Stainmaster® brand has reached approximately 90 percen