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.
New York, NY, August 23--Chain store retail sales fell for the third consecutive week, as retailers felt the effects of consumers cutting back on spending due to record high gasoline prices, a retail report said on Tuesday.
San Francisco, August 23—-Retailer Williams-Sonoma reported second-quarter net earnings that rose 12% to $30.8 million, or $0.26 a share, from $27.6 million, or $0.23, a year ago.
Herzberg, Germany, August 23--German wood fibre board manufacturer Homanit is likely to abandon its plans to invest EUR80m in the Polish city of Karlino because it is having trouble obtaining raw materials.
Fort Worth, TX, August 23--Pier 1 Imports has cut is second quarter outlook and said it expects a larger than expected loss during the quarter.
London, England, August 22--For launching a broad line of emerging products and technologies that provide significant value additions to customers' businesses, Propex Fabrics, Inc. was presented with the 2004 Frost & Sullivan Product Innovation Award.
Little Rock, AR, August 22—-Department store chain Dillard's reported a loss in its second quarter this year that was smaller than the loss posted last year.
Albemarle, NC, August 22--Agape Tile has launched a new website for 2005, replacing their gallery-driven site, which has been up on the web since 1996.
Dalton, GA, August 22--The Carpet and Rug Institute (CRI) has joined forces with the Florida Department of Environmental Protection (DEP) to help Florida’s lodging industry create a healthier and safer indoor environment and reduce the generation of solid
New York, NY, August 22--Roughly one-third of the market for single-family homes is extremely overvalued, according to National City Corp.
St. Petersburg, FL, August 22—-A nice added bonus to the profits of the nation’s retailers are some unspent consumer dollars, according to the St. Petersburg Times.