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.
Dalton, GA, September 8--Oriental Weavers Group announced today the merger of its North American divisions. Effective immediately, the company will fully merge its import (Sphinx) and domestic manufacturing (OW America) operations.
Washington, DC, September 8--First-time claims for state unemployment benefits fell by 1,000 to 319,000 last week, the Labor Department estimated Thursday.
Washington, DC, September 8--Inventories at wholesalers fell 0.1% in July, according to the Commerce Department.
Cleveland, OH, September 8--Demand for hard surface flooring is projected to advance 5.5 percent per annum through 2009 to 11.7 billion square feet, a slight acceleration over the 1999 to 2004 period.
Hoffman Estates, IL, September 8---Sears Holdings, the retailer formed when Kmart bought Sears, reported a 4.5 percent increase in earnings in the second quarter to $161 million from $154 million a year earlier.
Washington, DC, September 8--The economy was in relatively good shape before Katrina slammed into the Gulf Coast, the Fed's Beige Book survey of current economic conditions showed Wednesday.
Red Bank, NJ, September 8—Upscale homebuilder Hovnanian Enterprises reported third quarter earnings that missed analysts' forecasts.
Vancouver, WA, September 7--While Jeff Bishop, Technical Advisor of the IICRC, spends much of his time teaching and training professionals in the cleaning and restoration industry, he also speaks to consumers about the same issues that affect them and the
New York, NY, September 7--Chain store retail sales were flat in the latest week as the effects of Hurricane Katrina began to be felt, a report said on Wednesday.
Washington, DC, September 7--The co-author of a bill to create a $140 billion asbestos compensation fund said on Tuesday he hoped it would come to the Senate floor during the first week of October.