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.

Business Sales Up, Inventories Steady

Washington, DC, August 11--Businesses inventories held steady in June and rising sales pushed the stocks-to-sales ratio down to a record low, the government said on Thursday.

Retail Sales Up 1.8%

Washington, DC, August 11--Retail sales rose 1.8% in July as auto sales enjoyed the strongest growth in nearly four years, according to the Commerce Department.

Target Beats 2Q Estimates

Minneapolis, MN, August 11--Target Corp. reported second quarter net income of $540 million, or $0.61 per share, down from $1.41 billion, or $1.53 per share, the year before.