Retailers Post Strong Start to Holiday Season
New York, NY, November 26, 2007-- The nation's retailers had a robust start to the holiday shopping season, according to results by a national research group.
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.
Loquitec Retained to Liquidate Hoboken Assets
Wayne, NJ, November 20, 2007--LiquiTec Industries Inc. has been retained by Wachovia Bank to handle liquidation of property of Hoboken Floors and its subsidiary operation SPI Floors, LLC in conjunction with Realization Services Inc.
All Shaw Nylon Area Rugs Are Recyclable
Dalton, GA, November 20, 2007--Shaw said that all nylon area rugs from Shaw Living are now recyclable.
Stifel Maintains Buy on Mohawk, Reduces Estimates
New York, NY, November 20, 2007-- Analysts at Stifel Nicolaus & Company maintain their "buy" rating on Mohawk Industries Inc., while reducing their estimates for the company.
Surfaces Seminars Present Top Industry Educators
Dallas, TX, November 20, 2007—Surfaces will have an influential lineup of industry educators in its 2008 Conference Program.
Commercial Real Estate Index Levels Out in 3Q
Washington, DC. November 20, 2007--Commercial real estate market activity is expected to level out, suggesting stable business opportunities for commercial practitioners in the months ahead.
Empire Today Redesigns Web Site
Northlake, IL, November 20, 2007--Empire Today has launched a redesigned website featuring immediate online appointment setting and click-to-call live customer service interaction.
Housing Starts Up With Apartment Increase
Washington, DC, November 20, 2007—Housing starts rebounded in October, rising 3% an annual pace of 1.229 million units, which reflected a jump in the apartment sector, according to the Commerce Department.
Propex Earnings Decline in Third Quarter
Chattanooga, TN, November 20, 2007-- Propex Inc. said it earned $9 million before interest, taxes and depreciation and amortization for the third quarter today, compared to $15.4 million for the third quarter last year.
Leading Indicators Show Slower Growth Ahead
Washington, DC, November 21, 2007--The Conference Board said that the U.S. leading index decreased 0.5%, the coincident index remained unchanged and the lagging index increased 0.3% in October.