Online Retail Likely To Grow in Double Digits
Cambridge, MA, March 8, 2010--Online retail in both the U.S. and Western Europe is poised for double-digit growth over the next five years, according to two new forecasts by Forrester Research Inc.
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.
Oil Continues Move Higher on Economic Signs
New York, NY, March 8, 2010--Oil prices rose above $82 a barrel Monday.
Business Economists See Higher Rates This Year
Washington, DC, March 8, 2010--Business economists expect the Federal Reserve to raise benchmark interest rates within six months, according to a survey by the National Association of Business Economists.
Georgia Superintendent Recommends CRI Program
Dalton, GA, March 8, 2010--Georgia Schools Superintendent Kathy Cox has recommended implementing the Carpet and Rug Institute's Seal of Approval testing program for carpet cleaning products.
NobleSeal Wins Preferred Brand Award
Grand Haven, MI, March 8, 2010--NobleSeal SIS won the tile industry's Preferred Brand award for sound reduction membranes.
Fewer Jobs Cut Than Expected in February
Washington, DC, March 5, 2010--Employers cut fewer jobs than expected and the unemployment rate held at 9.7 percent in February, according to the Labor Department.
CARE Adds ReSource Network to Program
Dalton, GA, March 5, 2010--Carpet America Recovery Effort has added ReSource Commercial Flooring Network of commercial flooring dealers to CARE’s Aligned Dealer Program.
Retail Sales Up Sharply in February
Washington, DC, March 5, 2010--Retail sales posted their sharpest increase since November 2007, a month before the recession began, according to the International Council of Shopping Centers.
Group Alleges Fraud in Home Valu Bankruptcy Case
Minneapolis, MN, March 5, 2010--A group of area flooring and kitchen-counter subcontractors have accused former U.S. Sen. Rudy Boschwitz and others of conspiracy, theft, fraud and misrepresentation.
Pending Home Sales Decline in January
Washington, DC, March 4, 2010-- Pending home sales fell 7.6% in January, according to the National Association of Realtors.