Chain Store Sales Off Last Week
New York, November 2--Chain store sales fell for a third week in a row last week, dragging down the annual rate of growth to below 3.0 percent, a report said on Tuesday.
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.
Modra Updates Carpet Sampling Technology
Warragul, Australia, October 28--Modra Technology has developed a tufted-carpet sample machine called 'Mtuft,' according to IntelTex.
Centex 2Q Earnings Up, Hikes Outlook
Dallas, TX, October 27--Homebuilder and mortgage company Centex Corp. posted a 12 percent increase in quarterly profit and raised its profit outlook for the year.
Fed Governor Bies Upbeat on Economy
Washington, October 25--The economy has pulled out of a midyear pause and should grow well for the rest of 2004, Federal Reserve Governor Susan Bies said.
Concrete Flooring at Pennsylvania Hospital Draws L
Bethlehem, PA, October 22--Faulty concrete flooring being used to expand the Lehigh Valley Hospital Muhlenberg campus in Bethlehem has spawned a million-dollar lawsuit against contractors who supplied the materials, oversaw the work and allegedly sold fau
Shaw Laminates Promotion Offers Prize Incentives
Dalton, GA, October 21 - Shaw Laminates has launched an incentive promotion for participating retail sales personnel on many of the division’s Laminate Design Gallery products. “Above and Beyond” is the first awards-based incentive offered through the com
Housing Starts Drop 6% in September
Washington, October 19—Housing starts fell much more than expected during September, but permits for future building posted a surprise increase.
Survey: Rising Oil Prices May Slow Economy
New York, October 15--Surging crude oil prices have been grabbing headlines for months – but so far, they haven't held back the economy. That may be about to change.
Paper: Home Depot Shares Look Undervalued
New York, October 12--Shares of Home Depot Inc. may extend gains amid solid expected growth in sales of homes and home improvement products, according to the latest edition of Barron's, the weekly financial newspaper.
Irish Carpet Plant Gutted
Kilkenny, Ireland, October 11--A major fire has broken out at a wooden flooring and carpet factory in county Kilkenny, at the Hebron Industrial Estate, according to IrelandOnline.com.