Analysts Expect 3M Q4 EPS to Rise
St. Paul, MN, January 14--3M is expected to report a sizable year-over-year increase in quarterly profit when it releases its fourth-quarter report this week.
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.
NWFA Reminds Consumer and Retailers that Cork & Ba
St. Louis, MO, January 14--The National Wood Flooring Association has launched an effort to remind consumers and retailers that cork and bamboo represent one of the fastest-growing segments of the wood flooring industry.
Business Inventories Up in November
Washington, DC, January 14--Business inventories rose 1.0 percent in November, according to the Commerce Department.
December PPI Off 0.7%
Washington, DC, January 14--The producer-price index declined 0.7% in December for its biggest drop since April 2003, according to a Labor Department report. The drop came as energy prices were off 4% during the month.
Wal-Mart CEO Scott Responds to Critics
Bentonville, AR, January 14--Wal-Mart Stores Inc. chief executive Lee Scott led a media charge Thursday to counter criticism that the world's largest retailer is a behemoth that takes advantage of its workers and stifles competition.
Trading Spaces Designer to Appear at Surfaces
Houston, TX, January 13--Frank Bielec, one of the most popular designers on TLC’s hit design makeover show Trading Spaces, will be appearing at the Surfaces Convention in the Tarkett booth – #4714.
EPA Considering Potential Health Risk of Chemical
Washington, DC, January 13--The Environmental Protection Agency said Wednesday it is considering whether there is "a potential risk of developmental and other adverse effects" from exposure to low levels of a chemical used in making the nonstick substance
Lowe's to Build Distribution Center in Oregon
Lebanon, OR, January 13--It was probably the worst kept secret in mid-valley history. For nearly a year now, rumors had circulated that Lowe's Home Improvement Warehouse Inc. was looking at Lebanon to build a regional distribution center.
CRI Distributing Video Extolling Benefits of Carpe
Dalton, GA, January 13--A new video entitled "Building High Performance Schools: Beautiful Spaces for Children," is now available from the Carpet and Rug Institute (CRI).
Retail Sales Up 1.2% in December
Washington, DC, January 13—Retail sales rose 1.2 percent in December, according to a report from the Commerce Department. Excluding autos, sales rose 0.3 percent, after rising 0.4 percent a month earlier.