Chain Store Sales Higher Than Last Year
New York, NY, May 4, 2010--Chain-store sales for the week ended May 1 rose 4.4% from the year-earlier period, 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.
Armstrong Boosts Advertising for Wood, Laminate
Lancaster, PA, May 4, 2010--Armstrong is expanding its investment in national television and print advertising for Armstrong hardwood and premium laminate floors to drive consumers to its retail partners.
BASF Increasing Prices for Polystyrene
Florham Park, NJ, May 4, 2010--BASF said it is increasing prices for all grades of Styropor and Neopor expandable polystyrene in North America by $0.05 per pound effective May 15.
New Factory Orders Rise Unexpectedly in March
Washington, DC, May 4, 2010--New factory orders jumped unexpectedly in March, according to the Commerce Department.
Beazer Homes Swings To Profit on Higher Sales
Atlanta, GA, May 4, 2010--Beazer Homes reported net income from continuing operations of $6.2 million, or $0.10 per share, compared with a loss from continuing operations of $108.7 million, or $2.81 per share, a year earlier.
Omnova Raising Prices Again
Fairlawn, OH, May 4, 2010--Omnova Solutions’ Specialty Chemicals business said it will increase prices $0.03 per dry pound for all GenFlo, GenCeal, Omnabond, GenCryl and GenCal styrene butadiene polymers.
Armstrong Sees Higher Operating Income
Lancaster, PA, May 3, 2010--Armstrong World Industries reported a first quarter 2010 net loss of $19.4 million, or $0.34 per share, compared to a net loss of $11.2 million, or $0.20 per share, in the first quarter of 2009.
Buffett Says American Business Improving
Omaha, NE, May 3, 2010--Berkshire-Hathaway CEO Warren Buffett said Sunday that he's seeing more manufacturing activity, but no big pick-up in the U.S. housing market yet.
Conditions for Manufacturers Best Since 2004
Washington, DC, May 3, 2010--Conditions for the nation's manufacturers improved again in April to the highest level since June 2004, the Institute for Supply Management reported Monday.
Consumer Spending Increase at 5-Month High
Washington, DC, May 3, 2010--Real U.S. consumer spending increased 0.5%, the largest amount in five months, the Commerce Department estimated Monday.