Chain Store Sales Up 3% Over Last Year
New York, NY, Feb. 23, 2011 -- U.S. weekly chain-store sales rose 3% compared with a year ago, according to the International Council of Shopping Centers and Goldman Sachs.
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.
Realtors Say Home Sales Rise in January
Washington, DC, Feb. 23, 2011 -- Sales of existing homes rose 2.7% in January for the fifth monthly rise in six, the National Association of Realtors said Wednesday.
Lowe's Net Income Up 39% in Fourth Quarter
Mooresville, NC, Feb. 23, 2011 -- Lowe's reported fourth quarter net earnings of $285 million, a 39.0% increase from the same period a year ago.
UK Program Honors Top Vinyl Recyclers
London, England, Feb. 23, 2011 -- Three flooring companies have received Gold Certificates in the first-ever Recofloor Awards for recycling the most waste vinyl flooring in 2010 in the UK.
Toll Brothers Swings to Small Profit in Q1
Horsham, PA, Feb. 23, 2011 -- Luxury homebuilder Toll Brothers reported fiscal year 2011 first quarter net income of $3.4 million, or $0.02 per share.
Harounian Names New VP of Sales, Marketing
New York, NY, Feb. 23, 2011 -- Greg Jordt has been named executive vice president of sales and marketing for rug importer and manufacturer Harounian Rugs International.
Stonhard Wins Award as Food Industry Supplier
Maple Shade, NJ, Feb. 23, 2011 -- For the fifth time, industrial epoxy flooring firm Stonhard has been named the leading floor supplier for the food and beverage industry.
Consumer Confidence Hits Three-Year High
New York, NY, Feb. 22, 2011 -- Consumer confidence hit a three-year high in February, according to a report by the Conference Board.
Home Depot Beats Expectations, Raises Estimates
Atlanta, GA, Feb. 22, 2011 -- Home Depot reported fourth-quarter net income rose 72% to $587 million, or $0.36 per share as more people started on home improvement projects.
NAR Investigating Its Home Sales Data
Washington, DC, Feb. 22, 2011 -- The National Association of Realtors is investigating the possibility that its house sales data underestimated the extent of the housing crisis, according to the Wall Street Journal.