1Q GDP Revised Up to 5.3%
Washington, DC, May 25, 2006--The economy grew at a 5.3% annual rate in the first quarter, the Commerce Department said Thursday in its first revision of gross domestic product estimates.
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.
Nardelli’s $245 Million Pay Spotlighted
Wilmington, DL, May 25, 2006--Bob Nardelli, the chairman and chief executive of Home Depot Inc., will be facing an unusually large group of dogged antagonists at his company's annual meeting on Thursday.
Weekly Initial Jobless Claims Off
Washington, DC, May 25, 2006--First time claims for unemployment benefits fell to 329,000 in the week ending May 20, the Labor Department said Thursday, a decrease of 40,000 from the prior week.
Ryland Trims 2006 Earnings Guidance
Calabasas, CA, May 24, 2006--Home builder Ryland Group Inc., on Wednesday cut its 2006 earnings forecast as its second-quarter home sales are running 35 percent lower than a year earlier.
Bentley Prince Street on IDCE "Path"
Los Angeles, CA, May 23, 2006--Bentley Prince Street announced that it will be included in the International Design Center for the Environment’s (IDCE) benchmark for a manufacturing firm on the path to sustainability.
Carpet One Upgrades Liz Claiborne Website
Manchester, NH, May 24, 2006--Carpet One has launched a completely redesigned Liz Claiborne Home flooring website: www.lizclaiborneflooring.com.
Beaulieu to Require CRI Seal on Cleaning Products
Dalton, GA, May 24, 2006--Effective January 1, 2007, Beaulieu of America will amend its product warranty statement to insure proper cleaning solutions and procedures are used in maintaining their products.
Tricycle to Launch Reverb at Neocon
Chicago, IL, May 24, 2006--At the NeoCon World's Trade Fair next month, Tricycle will launch Reverb, an anthology of essays by eco-consultants, leading commercial designers and industry editors.
New Home Sales Up in April
Washington, DC, May 24, 2006--Sales of new homes surprised economists and stayed strong in April, the Commerce Department reported Wednesday.
Federated to Sell 9 Store Locations
Cincinnati, OH, May 24, 2006--Federated Department Stores will sell nine department store locations in six states to General Growth Properties Inc., as it continues to rid itself of duplicate stores gained in last year's acquisition of the May Departm