Wholesale Inventories Up 0.6%
Washington, DC, April 7--Wholesalers increased their inventories in February as sales declined at the fastest rate in nearly two years, the Commerce Department reported Thursday.
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.
Pier 1 Reports Decline in March Sales, Sees 1Q Los
Fort Worth, TX, April 7, 2005--Pier 1 Imports reported today that sales for the five-week period ended April 2, 2005 aggregated $147,624,000, a decline of 12.4%.
Bed Bath & Beyond’s 4Q Earnings Up
Union, NJ, April 7-- Bed Bath & Beyond Inc., the nation's largest superstore domestic retailer, said Wednesday that fourth-quarter earnings rose more than 25 percent.
Unilin Flooring Recruitment and Construction on Tr
Thomasville, NC, April 5--Quick•Step laminate flooring manufacturer Unilin Flooring has hired over 74 workers since March 2004, surpassing its recruitment goals through June 2005, according to the company.
Greenspan: Markets May Cool Oil Frenzy
Washington, DC, April 6—-Fed Chairman Alan Greenspan said this week that market forces could lead to a big enough increase in crude oil inventories to cool the recent "frenzy" that has sent prices to record highs.
Univ. of South Carolina Developing Technology to P
Columbia, SC, April 6—-Scientists at the University of South Carolina say they are developing the technology to keep South Carolina’s plastics industry from going to Asia.
Pending Home Sales Index Rises
Washington, DC, April 6--The Pending Home Sales Index, a new leading indicator for the housing market, shows home sales are firming, according to the National Association of Realtors.
Interface & TreeUtah Join to Tout Environmentally
Salt Lake City, UT, April 6--TreeUtah and Interface Flooring Systems, an Atlanta-based carpet manufacturer, have launched a campaign to encourage Utah's interior designers to use environmentally friendly products.
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.
Lowe's to Offer Lumber Purchase Online
Mooresville, NC, April 5--Lowe's said it would add lumber to its lineup of items available for purchase online.