Hovnanian 3Q Earnings Miss Estimates
Red Bank, NJ, September 8—Upscale homebuilder Hovnanian Enterprises reported third quarter earnings that missed analysts' forecasts.
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.
Sears 2Q Earnings Up, Lacy Out as CEO
Hoffman Estates, IL, September 8---Sears Holdings, the retailer formed when Kmart bought Sears, reported a 4.5 percent increase in earnings in the second quarter to $161 million from $154 million a year earlier.
Chain Stores Sales Flat Last Week
New York, NY, September 7--Chain store retail sales were flat in the latest week as the effects of Hurricane Katrina began to be felt, a report said on Wednesday.
IICRC Technician Educates Consumers on Radio Show
Vancouver, WA, September 7--While Jeff Bishop, Technical Advisor of the IICRC, spends much of his time teaching and training professionals in the cleaning and restoration industry, he also speaks to consumers about the same issues that affect them and the
New Orleans Devastation Could Slow Other Ports
Washington, DC, September 7--Hurricane Katrina’s devastation at the Port of New Orleans isn’t expected to have a major impact on the maritime shipment of retail goods, but could cause slowdowns in railroad operations that will make it take longer to move
Specter Hopes for October Vote on Asbestos Bill
Washington, DC, September 7--The co-author of a bill to create a $140 billion asbestos compensation fund said on Tuesday he hoped it would come to the Senate floor during the first week of October.
Tarkett Commercial Offers Cash Back to Reps Promot
Houston, TX, September 7--Tarkett Commercial has announced its new Holiday Bonus Promotion. With each carton of Nafco Permastone Modular Brick and MonoStone product sold, retail representatives will receive $15 back.
Magazine Names CCA as Top Retailer
Manchester, NH, September 7--CCA Global Partners, a group of more than 3,600 retailers from 15 affiliate companies, was recently named to HFN magazine's list of the Top 150 Specialty Retailers.
Productivity Slows in 2Q
Washington, DC, September 7--Productivity increased at a 1.8% annual rate in the quarter, down from 2.2% estimated a month ago, the Labor Department said in a revision to an earlier estimate. It's the slowest increase since the third quarter of 2004.
iFLOOR.com Goes 24/7
Bellevue, WA, September 7--In an effort to provide total customer service, iFLOOR.com, the largest online flooring store, launched a 24/7 customer call service operations beginning in August.