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.

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.

Sherwin-Williams 2Q Earnings Up 21%

Cleveland, OH, July 22--Sherwin-Williams posted a 21% increase in second-quarter earnings, reflecting same-store sales, acquisitions, and improvements in the auto-finishing business.

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.

Leading Index Up Sharply in June

New York, NY, July 21--The Conference Board said that based on the benchmarked figures announced today, its leading indicators index increased sharply in June following no change in May.

Initial Jobless Claims See Biggest Drop Since 2002

Washington, DC, July 21--First-time filings for state unemployment benefits dropped by 34,000 to a seasonally adjusted 303,000 last week, the lowest level in three months and largest decline since December 2002, according to a Labor Department report.