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.
New York, NY, July 19--Chain store retail sales rose 0.3 percent in the week ended July 16, compared with a 0.1 percent rise the previous week, according to a joint report from the International Council of Shopping Centers and UBS.
Washington, DC, July 19—-Housing starts in June were unchanged at a seasonally adjusted annual rate of 2.004 million, according to a Commerce Department report.
Goochland County, VA, July 19--Jason Carr, the manager of Stone Mountain Carpet Mill Outlet in Goochland County, got to the store before installers arrived.
New York, July 19--Standard & Poor's on Monday cut its ratings on Pier 1 Imports to junk status, citing weak operating performance and uncertainty about the success of new marketing efforts.
Osaka, Japan, July 19--Matsushita Electric has launched an electric carpet that automatically adjusts temperature according to the movement of people.
St. Louis, MO, July 18--The National Wood Flooring Association is accepting entries for its 2006 Wood Floor of the Year Contest.
London, England, July 18--The greatest challenge to the Persian carpet industry is the high prices of hand-woven rugs, which have reduced the national industry’s competition power at the international level.
St. Paul, MN, July 18--3M Co. posted a higher quarterly profit and raised the bottom of its full-year profit forecast as it expects sales to continue to accelerate.
Columbia, SC, July 18--An exclusive contract with a company that provided carpeting and other flooring for state buildings is under investigation by the attorney general's office, according to The State.
Ann Arbor, MI, July 15--The University of Michigan's preliminary consumer sentiment index for July rose to 96.5 from 96 in June.