Wholesale Inventories Up 0.2%
Washington, DC, December 9, 2005--Inventories at wholesalers rose 0.2% in October as sales climbed 1.2%, the Commerce Department said 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.
Furniture Brands See Business Improve
St. Louis, MO, December 9, 2005--Furniture Brands International Inc. said business was improving as a rebound in consumer confidence, a fall in energy costs and stabilizing foam availability have reduced some uncertainties.
Study: Senate Asbestos Bill Would Cost Taxpayers B
Alexandria, VA, December 9, 2005--The asbestos issue has had many ill effects on individuals, the legal system, and the economy, but the U.S. Senate's proposed cure is worse than the disease itself, according to a study released today from the 350,000
Amtico Specified for George Bush Aircraft Carrier
Coventry, England, December 9, 2005—Flooring firm Amtico International is enjoying such world-wide success that American president George Bush has jumped on board.
Consumer Sentiment Up
Ann Arbor, MI, December 9, 2005--Consumer sentiment improved again in early December, but remained below levels seen in the early summer before gasoline prices moved higher.
Weekly Jobless Claims Up 6,000
Washington, DC, December 8, 2005 --First-time jobless claims 6,000 to 327,000 in the week ended Dec. 3, according to the Labor Department.
Toll Bros. 4Q Earnings Up 72%
Horsham, PA, December 8, 2005--Luxury homebuilder Toll Brothers Inc., reported fourth quarter earnings that were up 72 percent.
Ulf Mattsson New CEO of European Healthcare Compan
Göteborg, Sweden, December 8, 2005--The board of directors of the healthcare provider, the Capio Group today announced that Ulf Mattsson, former CEO of Tarkett, North America, will take over as president and chief executive officer on January 1, 2006.
Canadian Housing Starts Up 7.4%
Toronto, Ontario, December 8, 2005--Canadian housing starts rose 7.4 percent in November as demand for new homes rebounded from an October decline, Canada Mortgage and Housing Corp. said on Thursday.
Costco's 1Q Earnings Up 12%
Issaquah, WA, December 8, 2005--Costco reported earnings in the first quarter that were up 12 percent as sales rose, helped by growth at its warehouse clubs open at least one year.