Costco Same-Store Sales Up 9%
Issaquah, WA, July 7--Costco reported a 9 percent increase in June same-store-sales, helped by international results and the timing of the July 4 weekend.
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.
Haverty Furniture June Sales Rise
Atlanta, GA, July 7—Haverty Furniture said its June sales increased 1.6% to $65.5 million, compared with $64.5 million in June 2004.
Monster: Online Job Ads Up in June
New York, NY, July 7--The number of online job ads grew for a sixth straight month in June, a sign that the labor market is improving steadily, according to Monster, a leading online job Web site.
Survey: Warmer Weather Boosts Traffic, Not Sales
Washington, DC, July 7--While warmer weather helped bring people into the stores, consumers remained hesitant to splurge, according to the results of the June NRF Retail Executive Opinion Survey.
Witex Flooring Signs On Sales Force
Kennesaw, GA, July 7--Witex Flooring, Inc. and LET Industries, are pleased to announce that they have signed an agreement for LET Industries to sales Witex brand products in North America, effective July 1, 2005.
Pending Home Sales Index Eases but Historically Hi
Washington, DC, July 7--The Pending Home Sales Index, the leading indicator for the housing market, slipped from near-record levels but remains historically high, according to the National Association of Realtors.
OMNOVA Recognizes Carpet Latex Employee Innovation
Fairlawn, OH, July 7--OMNOVA Solutions announced the recipients of its 2004 Technology Awards.
Raymond James Reiterates Mohawk’s “Market Perform"
New York, NY, July 6--Analyst Sam Darkatsh of Raymond James reiterates his "market perform" rating on Mohawk Industries.
Factory Orders Up in May
Washington, DC, July 6—Factory orders rose 2.9 percent in May for the largest gain in 14 months, according to the Commerce Department.
Lowe's Promotes Edwards to Sr. VP Store Operat
Mooresville, NC, July 6--Lowe's had named William W. (Bill) Edwards to the post of senior vice president-store operations for the north central division.