NRF: Retail Industry Sales Rise 7.0% in September
Washington, DC, October 17, 2005—Although the month of September was burdened with the impact of two hurricanes and much higher gas prices, retail sales continued to rise.
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.
CEO Confidence Weakens
New York, NY, October 17, 2005--Chief executives’ confidence fell to its lowest level in four years, The Conference Board reports today in its latest survey of CEOs.
UK’s Flowcrete to Acquire Ivory Industrials
Sandbach, England, October 17, 2005--Flowcrete has signed agreement to acquire Ivory Industrials, South Africa's largest and longest-established resin flooring company.
WL Ross and Lear Form Partnership to Explore Acqui
Southfield MI, October 17, 2005--WL Ross & Co. LLC and Lear Corp. said they have signed a framework agreement providing for a joint venture relationship to explore strategic acquisition opportunities.
Mannington Announces First 'Stand on a Better
Salem, NJ, October 18, 2005--Mannington announced the winners of the first-ever Stand On A Better World Awards.
Retail Sales Rise 0.2% in September
Washington, DC, October 14, 2005--Retail sales rose 0.2% in September.
Court Says Congoleum’s Law Firm Had Conflict
New York, NY, October 14, 2005--A federal appeals court ruled yesterday that a Washington law firm had a conflict of interest when it advised Congoleum, a company coping with asbestos claims, according to the New York Times.
Consumer Price Index Up 1.2%
Washington, DC, October 14, 2005--The consumer price index for September rose a bigger-than-expected 1.2%, according to a Labor Department report. It was the fastest pace in consumer inflation more than 25 years.
Consumer Sentiment Falls in October
Ann Arbor, MI, October 14, 2005--The University of Michigan's preliminary index of consumer sentiment decreased to 75.4 in mid-October from 76.9 in September.
CFI - WFCA Installation Training Initiative Gainin
Kansas City, MO, October 14, 2005--The focus of CFI and the World Floor Covering Association toward installation training has increased the interest from dealers, contractors and installation professionals.