Consumer Sentiment Up in July
Ann Arbor, July 16--Consumer sentiment improved in early July, supported by a relatively healthy jobs market and a fairly optimistic outlook on the world's largest economy, according to a survey released on Friday.
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.
Shaw Intros Casual Dining Rug Collection
Dalton, GA, July 16--Shaw is addressing the need for a definitive collection of rugs that offers special sizes for kitchens, breakfast nooks, and dining rooms with its introduction of the Casual Dining Collection.
Founders of UK’s Floors 2 Go Cash In
Birmingham, England, July 16—After the initial public offering of Floors 2 Go earlier this year the founding family has cashed in the last of their shares, according to icbirmingham.com.
Martha Gets 5 Months
New York, July 16--Martha Stewart was sentenced today to five months in prison and five months of home confinement, closing another chapter in the legal battle against the domestic doyenne that has its roots in a stock trade made two and a half years ago.
CRI Launches International Flooring Science Resou
Dalton, GA, July 15--The Carpet and Rug Institute (CRI) today announced the launch of the International Flooring Science Resource Center. The website will serve as the home for the new peer reviewed publication the International E-Journal of Flooring Scie
Faus Adds Technical Director
Dalton, GA, July 15--Faus Group, Inc. has appointed Stan McMackins the National Technical Director.
Producer Prices Ease in June
Washington, July 15--Inflation in the production pipeline eased in June as economic activity cooled, validating the Federal Reserve's judgment that it will not need to raise interest rates aggressively this year.
Lowe's CFO: Plenty of Room to Grow
Boston, MA, July 15-- Because Lowe's Cos. and its largest competitor have just 22% of the home improvement market share, there is plenty of room for the company to grow, Chief Financial Officer Bob Hull said.
Interceramic Sees Gains in 2nd Quarter
Chihuahua, Mexico, July 15--The second quarter of 2004 saw Interceramic posting significant improvements over second quarter results in 2003, and marking gains over a lackluster first quarter of the year as well.
Business Inventories Up in May
Washington, July 15--Businesses increased their stockpiles in May, but the inventory growth failed to keep pace with steadily rising demand.