Employment Growth Much Weaker Than Forecasts
Washington, August 6 -- U.S. employers added only 32,000 workers to payrolls last month, the government said on Friday in a report far weaker than expected.
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.
Wood Producer Relocates to Oswego, NY
Oswego, NY, August 5--Oswego has attracted a new manufacturer to its Empire Zone, according to the Oswego Business Journal.
Retailers Report Subdued July Sales Growth
New York, August 5--Wal-Mart Stores Inc. and other top U.S. retailers on Thursday reported July sales that largely met muted expectations, helped by early back-to-school shopping for computers, clothing and bedding.
Foamex Posts 2Q Loss
Linwood, PA, August. 5--Foamex International announced a net loss in the second quarter of 2004 of $2.6 million, or $0.11 per diluted share, compared with net income of $3.4 million, or $0.13 per diluted share, in the second quarter of 2003.
Springs Licenses Mattel's Barbie & Hot Wheels
Fort Mill, SC, August 5--Springs Industries has signed a multi-license agreement with Mattel to create home collections for the toy company's premier brands, including leading lifestyle brands Barbie and Hot Wheels.
Weaving is a Passion for Navajo
Black Mesa, AZ, August 5--Mary Lou Thinn perches on the faded pink cushions in front of her 4- by 5-foot loom. A new day has barely broken.
Trio Pleads Guilty of Attempting to Hack Lowe'
Charlotte, NC, August 5--Three Michigan men pled guilty to charges that they conspired to hack into the national computer system of the home improvement chain Lowe's to steal credit card information.
Consumers Remain Cautious
New York, August 6-- Despite clearance sales and early back-to-school merchandise, U.S. shoppers continued to spend cautiously in July, lifting sales just slightly above the previous month's disappointing gains.
BASF Worried About High Benzene Prices
Ludwigshafen, Germany, August 5--BASF AG said Thursday it will have to continue to raise the prices for its styrene-based and nylon products because of the continuously increasing price of benzene.
ServiceMaster Clean & First Notice Partner to Ease
Boston, August 4-- First Notice Systems and ServiceMaster Clean have formed a new alliance that lets homeowner’s insurance carriers immediately act on time-sensitive water damage claims.