Sears 2Q Earnings Off 40%
Hoffman Estates, August 31, 2007- Sears Holdings posted its lowest profit in nearly two years Thursday after another round of weak sales at Kmart and Sears stores sent the retailer's net income tumbling 40%
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.
Kathy Ireland Fall Flooring Days Kicking Off
Dalton, GA, August 29, 2007--“Fall Flooring Days,” the fifth annual Kathy Ireland promotion from Shaw, will begin on August 31 and run through October 15.
Anso National Carpet Sale Kicks Off October 1
Dalton, GA, August 29, 2007 – The sixth annual Anso Nylon National Carpet Sale (NCS) will run October 1 through November 30.
Tennant Introduces Static-Controlling Coating
Minneapolis, MN, August 30, 2007--Tennant Co. has introduced a floor coating system for static-controlled environments.
Help-Wanted Ad Index Dips 1 Point in July
New York, NY, August 30, 2007--The Conference Board’s Help-Wanted Advertising Index, a key measure of job offerings in major newspapers across the U.S., dipped one point in July.
Jobless Claims Up 9,000 Last Week
Washington, DC, August 30, 2007--First-time applications for jobless benefits unexpectedly rose last week to the highest level since April.
GDP Up 4% in 2Q
Washington, DC, August 30, 2007—Gross domestic product expanded a revised 4% in second quarter, according to the Commerce Department in Washington.
Universal Making Fiber from Used Nylon 6,6 Carpet
Bristol, VA, August 30, 2007--Universal Fibers has developed state of the art technology that will allow it to produce the first ever nylon 6,6 fiber from recycled carpeting.
CFI Convention Calls for Change, Challenge, Choice
Kansas, City, MO, August 30, 2007—The 14th Annual Certified Floorcovering Installers (CFI) Convention was held here the week of August 23, with the theme of Change, Challenge, Choice.
Pfleiderer Vows Aggressive Patent Stance
Neumarkt/Stockholm, Sweden, August 30, 2007 - Pfleiderer said it has established an Intellectual Property Business Unit to take advantage of the intellectual property portfolio owned by the newly acquired Pergo Group.