Jobless Claims Show Biggest Decline in 2 Months
Washington, DC, April 7--The number of people applying for unemployment benefits dropped by 19,000 last week, the largest decline in two months, according to the Labor Department.
Today's Flooring News
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59% Will Spend Tax Refunds on Everyday Purchases
Islandia, NY, April 7—-According to the Cambridge Consumer Credit Index, nearly six out of ten Americans (59%) who have received or anticipate a tax refund this year plan to spend it on everyday purchases or make bill payments.
Major Retailers Report Strong March Numbers
New York, April 7--The Easter holiday drove shoppers to malls and shopping centers last month, helping many of the nation’s retailers to report strong March same-store sales.
Homebuilder Horton’s Orders Up 23% in 2Q
Fort Worth, TX, April 7—-Homebuilder D.R. Horton aid it home orders were up 23 percent in its fiscal second quarter, lifted by greater volume during the period.
NWFA Celebrates 20th Anniversary
St. Louis, MO, April 7--This month, the NWFA celebrates its 20th anniversary. Today’s membership exceeds 3,500, with member companies in all 50 of the United States as well as 50 countries.
Wholesale Inventories Up 0.6%
Washington, DC, April 7--Wholesalers increased their inventories in February as sales declined at the fastest rate in nearly two years, the Commerce Department reported Thursday.
Bed Bath & Beyond’s 4Q Earnings Up
Union, NJ, April 7-- Bed Bath & Beyond Inc., the nation's largest superstore domestic retailer, said Wednesday that fourth-quarter earnings rose more than 25 percent.
Pier 1 Reports Decline in March Sales, Sees 1Q Los
Fort Worth, TX, April 7, 2005--Pier 1 Imports reported today that sales for the five-week period ended April 2, 2005 aggregated $147,624,000, a decline of 12.4%.
Unilin Flooring Recruitment and Construction on Tr
Thomasville, NC, April 5--Quick•Step laminate flooring manufacturer Unilin Flooring has hired over 74 workers since March 2004, surpassing its recruitment goals through June 2005, according to the company.
Greenspan: Markets May Cool Oil Frenzy
Washington, DC, April 6—-Fed Chairman Alan Greenspan said this week that market forces could lead to a big enough increase in crude oil inventories to cool the recent "frenzy" that has sent prices to record highs.