University of Michigan’s Consumer Sentiment Index
Ann Arbor, MI, May 28--U.S. consumer sentiment slipped fell in May, as high energy prices and the prospect of interest rates hikes weighed on Americans' willingness to spend.
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.
Chicago PMI Dips
Chicago, IL, May 28-- A closely watched measure of manufacturing activity in the Chicago area dipped a bit in February, the region's purchasing managers said Friday, but was still stronger than most economists expected.
Personal Income and Spending Up
Washington, DC, May 28--Personal incomes grew in April at twice the rate of spending, boosting the savings rate to the highest level since last summer.
Home Depot Shareholders Voice Concerns Over Custom
Dallas, TX, May 28--Shareholders bombarded Home Depot chief executive Bob Nardelli Thursday with concerns about inconsistent customer service and the retailer's stock price, which has fallen 13 percent during his tenure despite record company earnings
Lyondell, Millennium Deal Gains Antitrust Approval
Washington, DC, May 27--Antitrust authorities said on Wednesday they had approved Lyondell Chemical Co.'s proposed acquisition of joint venture partner Millennium Chemicals Inc.
Researcher Reports Facts & Myths About Big Box Ret
Corvallis, OR, May 27--Since his ground-breaking 1988 study on how Wal-Mart stores impact local economies, Iowa State University economist Kenneth Stone has spoken on the topic in every U.S. state and every Canadian province.
Abbey Prototype to Open in September
Bonita Springs, FL, May 26--Abbey Carpet is building a state-of-the-art training and sales production facility in North Naples that will serve as a prototype for its 800 stores nationwide.
Lowe's Unveils New Premium Brands, Including P
Mooresville, NC, May 27--Building on its track record of offering consumers pedigreed merchandise at affordable prices, Lowe's adds new, showroom-quality products from four of the world's best-in- class brands to its roster this spring.
Costco Quarterly Profit Up
Issaquah, WA, May 27--Costco Wholesale Corp. posted a higher quarterly profit, thanks to strong spring sales of items including lawn and garden equipment and food.
Lowe's CEO Discusses Expansion, Including Poss
Las Vegas, NV, May 27--Lowe's Home Improvement Warehouse will continue its phenomenal growth nationwide as the company continues to go after market share and as it changes to fit the demographics of the country, the company's chief executive said