Chain Store Sales Up Last Week
New York, April 5--Chain store retail sales were up slightly on a seasonally-adjusted basis in the latest week, a retail report said on Tuesday.
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.
Carpet One Intros New Mat Designs for Fight Agains
Manchester, NH April 5--Carpet One welcomes spring with fresh new designs for its cause-related welcome mats, as part of its continued fundraising campaign, "Carpet One Welcomes Your Support."
Office Furniture Shipments Up for 3rd Straight Mon
New York, NY, April 5--For the third straight month office furniture shipments grew by double digits from a year ago.
Hovnanian March Contracts Up 22%
Red Bank, NJ, April 5—-Homebuilder Hovnanian Enterprises said the value of its contracts rose sharply last month as activity swelled in the southeast and southwest portions of the country.
Teragren Creates New Commercial Division
Bainbridge Island, WA, April 5--Teragren, manufacturer of bamboo flooring, panels and veneer, has created a new commercial division featuring Syndergy strand.
S&P: Retail Sector Seeing Negative Credit Trend
New York, April 4--Credit quality in the retail sector is likely to remain negative for the rest of the year, as mergers and acquisitions and other strategic decisions companies make weigh on their ratings, Standard & Poor's said.
Mirage Launches Web-Based Design Tool
Saint-Georges, Quebec, April 4—-Mirage today announced the Mirage Dreamer, a new Web-based personal design assistant for consumers.
Carpet One Rolls Out Red Carpet for NCAA Final Fou
St. Louis, MO April 4—-Last week in St. Louis, hundreds of fans welcomed the NCAA Men’s Basketball Final Four teams to the city with banners, cheers and even a red carpet. Children from the local Boys & Girls club rolled out a special red carpet, donated
Iranian Hand-woven Carpet Exports Drop
Tehran, Iran, April 4--Hand-woven carpets worth over $471 million were exported last year (Iranian year, ending March 20, 2005), indicating a 17.7 percent drop compared to the same period last year.
Foamex’s Losses Widen in 4Q
Linwood, PA, April 4--Foamex International Inc. today reported a net loss for the fourth quarter of $15.0 million, or $0.61 per diluted share, compared to a net loss of $3.5 million, or $0.14 per diluted share, in the fourth quarter of 2003.