Retail Sales Up 3.6% Over 2009 Last Week
New York, NY, Jan. 4, 2011 -- Retail sales rose 3.6% last week from a year earlier, 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.
Rug Market America Returning to AmericasMart
Atlanta, GA, Jan. 4, 2011 -- The Rug Market America will return this month to AmericasMart in Atlanta after a five-year absence.
Richmond Flooring Retailer Closes
Richmond, VA, Jan. 4, 2011 -- Capitol Floors & Decorating is closed and is liquidating inventory at its showroom in western Henrico County, according to the Richmond Times-Dispatch.
Construction Spending Up Third Straight Month
Washington, DC, Jan. 3, 2011 -- Construction spending rose for a third consecutive month in November, helped by an increase in housing and a record level for spending on federal building projects, according to the Commerce Department.
Manufacturing Continues Expanding in December
Washington, DC, Jan. 3, 2011 -- Manufacturing in the U.S. continued to grow in December for the 17th straight month, according to the Institute for Supply Management.
Roger Milliken Dies at Age 95
Spartanburg, SC, Dec. 30, 2010 -- Roger Milliken, former CEO and chairman of Milliken & Co., died Thursday in Spartanburg.
Oil Prices Continue To Rise
New York, NY, Jan. 3, 2011 -- Oil continued to rise above $92 a barrel on Monday, spurred by expectations that a global economic recovery is gathering strength, and some experts are predicting $97 oil prices relatively soon.
No Change of Control Ahead for Milliken & Co.
Greenville, SC, Jan. 3, 2011 -- Control of Spartanburg-based Milliken & Co. will stay in the hands of Roger Milliken’s family after the textile magnate’s death last week, a company spokesman told The Greenville News.
More Economists Bullish on Labor Market
New York, NY, Jan. 3, 2011 -- After three years of economic pain, a growing number of economists think 2011 will finally bring more jobs and a recovery, according to a story by CNN.
Omnova Solutions To Raise Prices
Fairlawn, OH, Jan. 3, 2011--Omnova Solutions said it will increase prices by $0.05 per dry pound for all styrene butadiene emulsion polymers and $0.05 per wet pound for all acrylic, styrene acrylic and vinyl acrylic emulsion polymers.