Total Retail Sales Off 2.1%
Washington, D.C., September 15, 2005--Retail sales fell 2.1% in August, the biggest decline in nearly four years as auto sales fell a record 12%, according to the Commerce Department.
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.
Katrina and Commercial Real Estate
Washington, D.C., September 15, 2005--The demand for commercial real estate space has spiked in regions surrounding the Hurricane Katrina disaster zone.
ProSource Eyeing Expansion in Michigan
Detroit, MI, September 15, 2005--ProSource, the warehouse club of the flooring industry with six Michigan locations, is planning to expand its presence in the state.
Tandus Reports 2Q Earnings
Dalton, GA, September 14, 2005--Tandus Group, Inc., which includes Collins & Aikman Floorcoverings, Inc. and its subsidiaries, announced its financial results for the second quarter (13 weeks) and year-to-date (26 weeks) ending July 30, 2005.
Trade Deficit Narrows
Washington, DC, September 13, 2005—The U.S. trade deficit declined slightly in July even though oil imports climbed to an all-time high.
Hurricane Katrina Impact Mixed for Economy and Hou
Washington, DC, September 14, 2005--The direct housing needs for evacuees of Hurricane Katrina and lower interest rates that will soften its economic hit mean there will be long-term consequences for housing as well as the overall economy, according to th
Fabulous Floors to Be Posted on the Internet
Ghent, NY, September 14, 2005—The publisher of Fabulous Floors magazine said it will begin to post past issues in their entirety to the magazine web site http://www.fabulousfloorsmagazine.com.
PPI Flat Except for Food and Energy
Washington, DC, September 13, 2005—The Producer Price Index, driven by rising energy prices, rose 0.6 percent in August, compared to a 1 percent increase in July.
Oklahoma Retailer Opens New Location
Tulsa, OK, Sepember 13, 2005---A new Mill Creek Carpet and Tile location officially opened Friday inside Evans Rooms Today, according to Tulsa World.
Chain Store Sales Off Last Week
New York, NY, September 13, 2005--Chain store retail sales fell in the latest week, as higher energy prices forced consumers to cut back on nonessential purchases, a retail report said on Tuesday.