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.

Commercial Real Estate Market on Uptrack with Lowe

Washington, DC, June 15--The commercial real estate market is improving as vacancy rates decline and rents firm up in all four commercial market sectors, according to the National Association of Realtors Commercial Real Estate Spotlight.

Spanish Tile Exports Up Slightly in 1Q

Castellón. Spain, June 15--The Spanish ceramic tiles association Ascer said that in the first three months of 2005 the value of Spanish tile exports rose 0.9 per cent on the same period last year to 458.6m euros.

Business Inventories Up 0.3% in April

Washington, DC, June 15—-Business inventories rose 0.3% in April, falling slightly from the month-ago level of 0.5%, according to the Commerce Department.

Retail Sales Drop 0.5%

Washington, DC, June 14--Retail sales fell 0.5% in May, according to the Commerce Department. Analysts had forecast a drop of 0.1%.

Chain Stores Sales Up Last Week

New York, NY, June 24--Chain store retail sales rose 0.6 percent in the week ended June 11, compared with a 0.4 percent rise the previous week, the International Council of Shopping Centers and UBS said in a joint report.

Producer Prices Off 0.6%

Washington, DC, June 14--The producer price index fell a sharp 0.6% in May, with about three-quarters of the drop due to the sharpest decline in energy prices in two years, according to the Labor Department.

Pier 1 Posts Loss, Warns on 2Q

Fort Worth, TX, June 14--Pier 1 Imports reported a quarterly loss in line with dampened expectations, but forecast lower-than-expected results for the current period, saying weak customer traffic is hurting margins and sales.

ASCR Conference Focuses on Winning in a Turbulent

Millersville, MD, June 14--Cleaning and restoration company owners and managers from across the country will be converging on St. Louis, Missouri September 14 to 17, 2005 for Weathering the Storm – Winning Strategies for Turbulent Times.