Consumers Find Little Reason To Shop in June
New York, NY, July 9, 2009--Sales fell at many clothing retailers and warehouse club stores in June as the weak economy and cool, rainy weather kept potential shoppers at home.
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.
Lumber Liquidators Opens 171st Store
Corpus Christi, TX, July 9, 2009--Lumber Liquidators is continuing to expand with the opening of a permanent showroom in Corpus Christi.
Mortgage Application Volume Up on Refinancing
Washington, DC, July 8, 2009--Mortgage application volume last week rose a seasonally adjusted 10.9% from the week before, reflecting an uptick in refinancings, the Mortgage Bankers Association reported Wednesday.
IMF Predicts Global Economic Rebound Next Year
Washington, DC, July 8, 2009--The International Monetary Fund is predicting a stronger global economic rebound next year than it forecast in April as the financial system stabilizes.
Oil Prices Rise But Further Decreases Likely
New York, NY, July 9, 2009--Oil prices rebounded to above $61 on Thursday, recouping some losses after tumbling 17 percent since last week.
CCA Global Partners Selling Rug Decor Division
St. Louis, MO, July 7, 2009--CCA Global Partners has entered into a definitive agreement to sell its Rug Decor division to a group led by three of its current Rug Decor franchisees.
Mohawk Combines Retail Rewards Programs
Dalton, GA, July 7, 2009-—Wear-Dated’s rewards program for retail sales associates, “Rewards for Life,” has become part of Mohawk Infinite Rewards, as of July 1.
Shaw Sponsoring Environments for Living Program
Dalton, GA, July 8, 2009--Shaw Industries said it has become a sponsor of Masco Home Services, Inc.’s Environments For Living program.
Teragren Settles Patent Suit Against Smith & Fong
Bainbridge Island, WA, July 8, 2009--Bamboo flooring firm Teragren Fine said it has settled the lawsuit that alleged Smith & Fong Company infringed upon a Teragren patent.
NFIB Proposes Small Business Job Creation Fund
Washington, DC, July 8, 2009--The National Federation of Independent Business Research Foundation is recommending the formation of a Small Business Job Creation Fund to improve small business access.