Consumer Sentiment Off in May
Washington, DC, May 12, 2006--Consumer sentiment dropped in May on rising gasoline prices and a softening labor market, according to media reports Friday of proprietary research.
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.
Fast Company to Get 2006 IIDA Star Award
Chicago, IL, May 12, 2006--The International Interior Design Association has said Fast Company magazine will be awarded the 2006 IIDA Star Award at the IIDA 12th Annual Meeting in Chicago.
AmericasMart, ORIA Host Charity Rug Auction
Atlanta, GA, May 12, 2006--For more than a decade, The Oriental Rug Importers Association and its members have been financially committed to a variety of philanthropic support initiatives and charities worldwide.
Hakatai Glass for Architects' Own Home
Ashland, OR, May 12, 2006--Hakatai Enterprises, Inc., importers and distributors of glass tile, once again teamed up in the Los Angeles area with Fung + Blatt Architects.
Second-Home Survey Shows Solid Market
Washington, DC, May 12, 2006--A new survey of second-home owners by the National Association of Realtors shows baby boomers continue to dominate the market, and a growing number of second homes--more than one in ten are owned by minorities.
Trade Gap Narrows in March
Washington, DC, May 12, 2006--The trade deficit narrowed by 5.6% in March to $62.0 billion, the Commerce Department said Friday.
J.C. Penney 1Q Earnings Up
Plano, TX, May 11, 2006--J.C. Penney Co., reported a 22% jump in first-quarter earnings, helped by tighter spending controls and improved gross margins.
North Carolina Judge Bars Cleaning Firm
Raleigh, NC, May 11, 2006--A carpet and air duct cleaning company that authorities say used misleading advertisements and illegal bait-and-switch tactics has been barred from operating in North Carolina.
Carlyle Group Puts $27.5M in China Flooring
Shanghai, China, May 11, 2006--The Carlyle Group is investing $27.5 million to buy new shares in Shanghai Anxin Flooring Co Ltd., China's largest manufacturer and distributor of solid wood flooring,