Today's Flooring News

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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.

NRF Urges Rejection of Consumption Tax

Washington, DC, June 14--The National Retail Federation has filed comments with the President's Advisory Panel on Federal Tax Reform urging the panel to reject economically risky proposals to replace the nation's income tax system.

Manpower: Hiring Plans Stable in 3Q

Milwaukee, WI, June 14--Businesses expect that the stable hiring pattern they have reported since the beginning of the year will continue into the third quarter, according to the seasonally adjusted results of the latest Manpower Employment Outlook Survey

ASCR Conference Focuses on Winning in a Turbulent

Millersville, MD, June 14--Cleaning and restoration company owners and managers from across the country will be converging on St. Louis, Missouri September 14 to 17, 2005 for Weathering the Storm – Winning Strategies for Turbulent Times.

Retail Sales Drop 0.5%

Washington, DC, June 14--Retail sales fell 0.5% in May, according to the Commerce Department. Analysts had forecast a drop of 0.1%.

Chain Stores Sales Up Last Week

New York, NY, June 24--Chain store retail sales rose 0.6 percent in the week ended June 11, compared with a 0.4 percent rise the previous week, the International Council of Shopping Centers and UBS said in a joint report.

Producer Prices Off 0.6%

Washington, DC, June 14--The producer price index fell a sharp 0.6% in May, with about three-quarters of the drop due to the sharpest decline in energy prices in two years, according to the Labor Department.

Pier 1 Posts Loss, Warns on 2Q

Fort Worth, TX, June 14--Pier 1 Imports reported a quarterly loss in line with dampened expectations, but forecast lower-than-expected results for the current period, saying weak customer traffic is hurting margins and sales.