Canadian Retail Sales Off 1.3%
Ottawa, Ontario, July 22—-Retail sales in Canada were off 1.3 percent in May, according to Statistics Canada. The drop was the result, to a great extent, of weak automobile sales.
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.
Leggett & Platt Posts Record Earnings, Misses Esti
Carthage-Mo, July 22--Leggett & Platt Inc. turned in record earnings in the second-quarter, but sales fell short of expectations.
Self-Cleaning Technology Fights Affects of Smog
Stockholm, Sweden, July 22--From catalytic converters to alternative fuels, the fight against big-city smog has for years been fought inside combustion engines and exhaust pipes.
Weyerhaeuser Q2 Earnings Up 14%
Federal Way, WA, July 21--Weyerhaeuser reported second-quarter profit rose 14 percent, helped by a gain on the sale of its British Columbia operations, but forecast lower third-quarter earnings due to seasonal shutdowns.
Supra Floors Launches Sub Floor for Concrete
Rexdale, Ontario, July 21—Supra Floors has launched Subflor Supreme, which it calls the first, all-in-one flooring for concrete.
Homebuilder D.R. Horton 3Q Earnings Up 48%
Fort Worth, July 21--D.R. Horton Inc. reported third quarter earnings that rose 48 percent, with sales of nearly 15,000 homes setting an industry record.
RoomStore Bids for 50 Rhodes Stores
Richmond, VA, July 21--RoomStore, which emerged from bankruptcy court protection last month, bid this week to buy 50 of the 65 stores operated by Atlanta-based Rhodes for $38.8 million.
Ryland’s 2Q Earnings Up 39%
Calabasas, CA, July 21--The Ryland Group reported second quarter earnings of $104.3 million, or $2.10 per share, up 39 percent from $76.5 million, or $1.51 per share, in the year-earlier quarter.
Design Tech Named Tarkett Commercial Resilient Dis
Houston, TX, July 21--Design Tech Commercial Distributors LLC, an experienced Texas flooring distributor and management team, is now offering Azrock by Tarkett, Marley by Tarkett and Tarkett Commercial LVT flooring products.
Bonakemi USA Names Lipman Western Distributor Mana
Aurora, CO, July 21--BonaKemi USA added Dan Lipman as regional distributor manager for the Western region.