Import Prices Up 1.1% on Oil Hikes
Washington, DC, August 12--With oil prices surging again, prices of imports rose 1.1% in July, the Labor Department reported Friday.
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.
UK’s Floors-2-Go to Opens Stores in Northern Irela
Birmingham, England, August 12—-The UK's biggest specialist flooring company will open six stores in Northern Ireland this month, according to the Belfast Telegraph.
Sears Hiring After April Firings
Hoffman Estates, IL, August 11--Months after firing 850 workers, Sears Holdings Corp. is hiring again.
UK Retailer Carpetright Under Fire from Investors
Rainham, England, August 11--Carpetright chairman and chief executive Lord Harris is under fire from an investor lobby group for his apparent unwillingness to relinquish one of his roles.
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.
Durall Intros No-wait Epoxy Floor Seal
Bloomington, MN, August 11--Durall Industrial Floorings has launched "No-Wait 2005," its new epoxy seal for fresh concrete.
Distribution America Launches New Look for Retaile
Des Plaines, IL, August 11--Taking a cue from millions of customers who shop to remodel and redecorate, Distribution America and its distributor members have launched a new store environment package.
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.
Nature Stone to Offer Franchises in Western Pennsy
Bedford OH, August 11--Nature Stone founder/owner Russ Masetta announced the company will offer exclusive franchises in western Pennsylvania and Ohio for its stone and epoxy flooring.
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.