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.

Wal-Mart 1Q Earnings Up 8.1%

Wal-Mart 1Q Earnings Up 8.1%

Bentonville, AR, May 15, 2007--Wal-Mart reported an 8.1 percent increase in its first quarter to $2.83 billion or 68 cents per share up from $2.62 billion, or 63 cents per share, in the year ago period.

NAM: Manufacturing Output to Slow 2.2% in 2007

NAM: Manufacturing Output to Slow 2.2% in 2007

Washington, DC, May 15, 2007--The May 2007 Economic Outlook from the National Association of Manufacturers pointed to an economy currently stuck in low gear that will accelerate slightly in the second half of 2007.

Shaw Wins Top Honors in IIDA Design Competition

Shaw Wins Top Honors in IIDA Design Competition

Las Vegas, NV, May 15, 2007--The International Interior Design Association (IIDA) and Hospitality Design Magazine announced the winners of the 11th Annual IIDA/Hospitality Design Product Design Competition.

Chain Store Sales Up 2.6% Last Week

Chain Store Sales Up 2.6% Last Week

New York, NY, May 15, 2007--Chain store sales rose 2.6 percent last week from the year-ago period, on Mother's Day purchases, according to the International Council of Shopping Centers and UBS Securities.

CPI Up 0.4% in April

CPI Up 0.4% in April

Washington, DC, May 15, 2007--The consumer price index in April rose 0.4 percent after increasing 0.6 percent in March, according to a report from the Labor Department.

Malecha Elected 2009 AIA President

Malecha Elected 2009 AIA President

Washington, DC, May 15 2007--Delegates to the American Institute of Architects (AIA) National Convention elected Marvin J. Malecha, FAIA, to serve as the 2008 AIA first vice president/president-elect and 2009 Institute president.

Home Depot 1Q Earnings Off 30%

Home Depot 1Q Earnings Off 30%

Atlanta, GA, May 15, 2007--Home Depot in the first quarter reported net earnings that were off 30% to $1.0 billion, or $0.53 per share, from $1.5 billion, or $0.70 per share in the year-ago period.