Consumer Sentiment Hits High for the Year
New York, NY, July 1--Consumer sentiment improved in late June, according to the University of Michigan consumer sentiment survey.
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.
Warren Buffett EBay Lunch Nets $351,100
Omaha, NE, July 1—-A lucky bidder put in the winning bid of $351,100 in the EBay auction for lunch with the Berkshire Hathaway CEO Warren Buffett. The winning bid beat the next highest bid by $100.
Bassett Furniture 2Q Sales Up, Earnings Off
Bassett, VA, June 30--Bassett Furniture reported its second-quarter sales rose but increased selling and administrative expenses caused profits to dip.
3M's McNerney Named Boeing CEO
St. Paul, MN, June 30--3M Chairman and CEO W. James McNerney Jr. has been named to the post of CEO at Boeing Co.
Domco Adds to Mid-Price Product Line
Farnham, Quebec, June 30--Domco is beefing up the middle of its product range with a new line called Eloquence.
IICRC Continues to Introduce New Courses
Vancouver, WA, June 30--Five years ago, the Institute of Inspection, Cleaning and Restoration Certification (IICRC) began developing a hard surface floor cleaning and maintenance program with the introduction of the Floor Care Technician course.
Mondo and Athletics Canada Announce Sponsorship Ag
Ottawa, Ontario, June 30--Athletics Canada and Mondo formed a new sponsorship agreement which will make Mondo the official supplier of facility products for Canada’s national track and field association through to the 2008 Olympics.
Personal Incomes, Spending Slow in May
Washington, DC, June 30--Personal spending was flat in May as personal income growth also slowed, according to an report from the Commerce Department.
Help-Wanted Ad Index Dips Two Points
New York, NY, June 30--The Conference Board’s Help-Wanted Advertising Index – a key barometer of America’s job market – dipped two points in May. The Index now stands at 37. It was 39 one year ago.
Kentucky Retailer Finds Success with Shop at Home
Bowling Green, KY, June 20--Wade McCoy spent 15 years in the retail carpet and flooring business before going into business for himself.