November Trade Gap Sets New Record
Washington, DC, January 12--The trade gap in November widened to a new record as demand for foreign oil rose and sales of U.S. goods and services overseas fell for the first time in five months.
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.
SunTrust Ups Rating on Interface to Buy
Atlanta, GA, January 11—-Interface shares jumped Monday after SunTrust Robinson Humphrey boosted its rating to a "buy," citing the low stock price and cost-cutting at the company.
UK’s United Carpets to Double its Locations
Mexborough, England, January 11-—United Carpets plans to double its number of stores by raising £5m from a flotation on the Alternative Investment Market (AIM).
Chain Store Sales Off 0.6% Last Week
New York, NY, January 11--The International Council of Shopping Centers-UBS Retail Chain Store Sales Index fell by 0.6% in the week ended Jan. 8 compared to the week before.
Dal-Tile to Build Sales, Service Center in Tenness
Chattanooga, TN, January 11--Nearly 20 years after creating Bonny Oaks Industrial and Office Park, Hamilton County has sold its last available parcel at the site, according to the Chattanooga Times/Free Press.
Study: 2004 Online Spending Jumps 26%
Reston, VA, January 11--Online consumer retail spending grew by an impressive 29 percent compared to the 2003 season, exceeding comScore Networks' initial expectation of 23 to 26 percent growth.
Lacey Mills Announces Management Changes
Cartersville, GA, January 11--John Whittenburg, chairman and CEO of Southern Yarn Dyers and Lacey Mills Inc., is stepping in to assume responsibilities as president and CEO of Lacey Mills Inc., handling day to day operations.
Orange Glo Intros Hardwood Floor Care System
Denver, CO, January 11--Orange Glo International has introduced the Orange Glo Hardwood Floor Care System, providing a widely available cleaning and refinishing system specifically formulated for hardwood floors.
United Arab Emirates Hosts Carpet Oasis 2005
Dubai, United Arab Emirates, January 11--Consolidating plans to reaffirm Carpet Oasis as the premier exhibition for the carpet industry in the Middle East, organisers of the exhibition outlined their plans for the upcoming 10th edition of Carpet Oasis 200
International Wholesale Tile to Open Texas Branch
Westport CT, January 11--International Wholesale Tile has leased an additional 196,000 square feet of warehouse space, including space in Dallas, Texas.