Major Retailers Report Modest Same-Store Sales Gai
New York, NY, December 2--Major retailers reported modest gains in November sales on Thursday.
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.
Kronospan Launches $15.5 M Recycler in UK
Chirk, Great Britain, December 6--Wood panel and laminate flooring manufacturer Kronospan has invested more than pounds 8m ($15.5m) in a recycling plant to boost the volume of recycled fiber used at the plant, according to the Liverpool Daily Post & Echo.
Veterans at Work Offer Carpet Cleaning At or Below
Chicago, IL, December 1--Veterans at Work (VAW), a Chicago based group, contracts services and products from veterans who are in need of jobs, rehabilitation and housing.
Study: Housing Wealth Has Greater Effect Than Stoc
Washington, DC, December 1--Housing wealth has a more immediate impact on consumer spending than stock wealth and has sustained the U.S. economy since the beginning of this decade, shows a new study.
Armstrong’s UK Plant May Close
Teesside, England, November 30--About 200 manufacturing jobs are under threat at a Teesside flooring factory after staff were warned the local Armstrong World Industries plant may close, according to IC Teesside.
Personal Spending Up 0.7% in October, Incomes Up 0
Washington, DC, December 1—The Commerce Department reported that consumer spending rose in October as a surge in hiring led to the biggest rise in incomes in five months.
Consumer Confidence Down in November
New York, NY, November 30--The Conference Board’s Consumer Confidence Index, which had declined in October, posted another loss in November.
Bostik Findley, Renamed Bostik
Wauwatosa, WI, December 1-- Bostik Findley, Inc., a leading global manufacturer of adhesives, sealants and lubricants, has changed its name to Bostik, Inc.
Atlanta Magazine Names Myers Carpet “Best in City”
Atlanta, GA, December 1--Myers Carpet’s Atlanta store was named the best place to buy floorcovering by Atlanta Magazine in its “Best of Atlanta 2004” December issue, according to the Dalton Daily Citizen.
Chain Store Sales Off Last Week
New York, NY, November 30--Chain store retail sales were off 1.5 percent in the week ended November 27, compared with a 0.8 percent rise in the previous week, the International Council of Shopping Centers and UBS said in a joint report.