Wholesale Inventories Fell Again in January
Washington, DC, March 10, 2010--Businesses reduced wholesale inventories again in January even though sales rose for a 10th consecutive month, according to the Commerce Department.
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Roubini Says Risk of Double-Dip Recession Growing
New York, NY, March 10, 2010--The economist known as Dr. Doom is warning that weak domestic economic data along with Europe's debt crisis is increasing the risk of double-dip recession in the U.S.
Consumers Walking Away from Credit Card Debt
Arlington, VA, March 10, 2010--Consumers are increasingly walking way from credit card debt, according to a new report by CardHub.com.
AIA's Home Design Survey Still Shows Contraction
Washington, DC, March 9, 2010--The Home Design Survey Index of residential billings was up 12 points over last year to 32 in the fourth quarter of 2009, according to the American Institute of Architects.
Chain Store Sales Up 3.4% Over Last Year
New York, NY, March 9, 2010--Chain-store sales for the week ended March 6 rose 3.4% from the year-earlier period, according to the International Council of Shopping Centers and Goldman Sachs.
Interface Completes Redemption of Senior Notes
Atlanta, GA, March 9, 2010--Interface Inc. said it has completed the redemption of $25 million of its 9.5% senior subordinated notes due 2014.
NFIB Says Top Business Issue Is Lack of Customers
Washington, DC, March 9, 2010--The National Federation of Independent Business Index of Small Business Optimism dropped 1.3 points in February.
Study Says Recession's Changed Shopper Behavior
New York, NY, March 9, 2010--Retailers and suppliers will need to adapt to consumers' new shopping behaviors, according to a new report from PricewaterhouseCoopers LLP and Retail Forward.
Mohawk Again Makes Training Top 125 List
Dalton, GA, March 9, 2010--Mohawk Industries has again been named as one of Training Magazine’s “Top 125” training organizations.
Shaw Wins Two Chattanooga Addy Awards
Dalton, GA, March 9, 2010--The Chattanooga Advertising Federation presented Shaw Floors with two ADDY Awards on Feb. 20 in Chattanooga, Tenn.