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.
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 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.
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%.
NAHB Offers Expertise, Forecasts & Stats
Washington, DC, June 14--Thanks to the booming housing market, media coverage of rising home values has skyrocketed 160 percent in the past year.
Shaw Adding 24 Patterns to Kathy Ireland First Lad
Dalton, GA, June 13--Shaw Living will introduce a variety of new rug designs at the July International Rug Market, July 17-20.
Congoleum Names Winners of Xclusive Spring Push Sw
Mercerville, NJ, June 13--Congoleum named the winners of its Xclusive Spring Push promotion to drive sales of Xclusive featuring Scotchgard Protector resilient flooring.
Florida Legislation Sets New Limits on Asbestos Su
Palm Beach, FL, June 13--With the stroke of a pen, an estimated 4,500 lawsuits will disappear from court dockets throughout the state next month, according to the Palm Beach Post.
Dubai Exhibition Celebrates 15th Year
Dubai, United Arab Emirates, June 13--The largest event of its kind in the Middle East and Asia, and one of the world’s leading interiors exhibitions, Index (The Middle East International Furniture, Interiors and Retail Design Exhibition)celebrates 15 yea
Steelcase to Host 2nd Green By Design Sustainabili
Grand Rapids, MI, June 13—-Steelcase will host Green by Design 2, a two-day sustainability symposium on September 28 and 29, 2005, that will focus on innovative ways for companies to develop, manufacture and distribute eco-effective products and services.
Caraustar to Raise Prices
Austell, GA, June 10--Caraustar Industries said it will raise prices on all paper tube and core product lines starting July 11.