Chain-Store Sales Up 0.2% Last Week
New York, NY, September 5, 2007-- Chain-store sales rose 0.2% for the week ended September 1, compared with the prior week, according to the International Council of Shopping Centers and UBS Securities.
Today's Flooring News
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Mortgage Apps Up Slightly Last Week
Washington, DC, September 5, 2007--The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending August 31, 2007.
Blogs Hit Mainstream, Women Biggest Readers
Chicago, IL, September 5, 2007--According to a recent Synovate/Marketing Daily survey, eight out of ten Americans know what a blog is and almost half have visited blogs.
Creating Your Space Signs Interior Remodeling Firm
Sausalito, CA, September 5, 2007--Creating Your Space (CYS) said it has signed Home Valu Interiors, a leading interior remodeling company in the upper Midwest.
Armstrong Laminate Featured on Martha Stewart Show
Lancaster, PA, September 5, 2007--Two Armstrong products were featured in a segment of the nationally syndicated Martha Stewart Show.
Manufacturing Sector Growth Slows in August
September 4, 2007--Economic activity in the manufacturing sector expanded in August but at a slower pace than in July, according ot the Institute for Supply Management.
July Construction Spending Off 0.4%
Washington, DC, September 4, 2007—Construction spending dropped 0.4% in July to an annual rate of $1.17 trillion, following a revised gain in June of 0.1%, according to the Commerce Department.
Home Depot To Buy Back 289 Million Shares
Atlanta, GA, September 4, 2007—Home Depot today announced the preliminary results of its modified "Dutch Auction" tender offer, which expired at 5 p.m. on Friday, August 31, 2007.
Home Depot’s COO Resigns
Atlanta, GA, September 4, 2007--Home Depot said its chief operating officer, who oversaw the company's wholesale distribution business, has resigned following the sale of the unit to a group of private equity firms.
Parterre Names Cornely Sales VP
Brooklyn NY, September 4, 2007--Parterre Flooring Systems has named John Cornely as vice president of sales for the eastern U.S.