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.
Washington, DC, November 16, 2005--More consumers will be leaving their credit cards at home as they hit the stores for holiday shopping, according to the NRF 2005 Holiday Consumer Intentions and Actions Survey, conducted by BIGresearch.
Washington, DC, November 15, 2005--The producer price index in October rose 0.7% as energy prices continued to rise, according to a Labor Department report.
Plano, TX, November 15, 2005--J.C. Penney Co. in the third quarter reported earnings that rose 57 percent to $234 million, or $0.94 per share.
Washington, DC, November 15, 2005—According to the National Retail Federation (NRF), retail industry sales for October (which exclude automobiles, gas stations, and restaurants) rose a strong 7.2 percent.
St. Louis, MO. November 15, 2005-- The National Wood Flooring Association has offered some consumer assistance in making a selection between hardwoods and laminates.
Washington, DC, November 15, 2005--Strong annual increases in median existing-home prices were common in most metropolitan areas during the third quarter, according to the latest report by National Association of Realtors.
New York, NY, November 15, 2005--Chain store retail sales fell 0.6 percent in the week ended Nov. 12, compared with 1.0 percent rise the previous week, the International Council of Shopping Centers and UBS said in a joint report.
Houston, TX, November 15, 2005--In an effort to help homeowners in Louisiana and the Mississippi Gulf Coast who have been impacted by Hurricane Katrina, Tarkett is offering a one-time rebate on its luxury vinyl flooring to help them rebuild their homes.
Washington, DC, November 15, 2005--Retail sales fell 0.1 percent in October reflecting a drop in automotive car purchases, according to the Commerce Department.
Mooresville, NC, November 14, 2005--Lowe's in the third quarter reported net earnings of $649 million, a 25.8 percent increase over the same period a year ago. Diluted earnings per share increased 24.6 percent to $0.81.