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.
CFI, WFCA Broaden Educational Focus
Kansas City, MO, September 15, 2005--“Combining their efforts, the WFCA and CFI will broaden their educational focus during the coming year, bringing events to the local areas and concentrating on large skills workshops with individual training,” accordin
Omnova Solutions Provides 3Q Guidance and Hurrican
Fairlawn, OH, September 14, 2005--- Omnova Solutions Inc. reported that it expects earnings per share for the third quarter of 2005, ending August 31, 2005, to be $0.03 with net income of $1.4 million.
Retail Sales Drop Sharply in August
Washington, D.C., September 14, 2005 --- U.S. retail sales dropped by a larger-than-expected 2.1 percent in August, the sharpest drop in almost four years, after car purchases collapsed from July's near-record level, government data showed on Wednesda
Signature Brings Carpet Sampling through Tricycle
Chattanooga, TN, September 15, 2005---At Hospitality Design Boutique in Miami this week, Signature Hospitality Carpets is launching new products on paper.
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
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.
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.