NAR: Retail Industry Sales Up in July
Washington, DC, August 14, 2006--Early back-to-school promotions and summer heat waves paid off in big dividends for the nation’s retailers in July.
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.
Real Estate Financing Expected to See Dramatic Cha
Washington, DC, August 11, 2006--Over the next five to ten years, the real estate finance industry will face dramatic changes in the economy; in capital markets; in borrowers, products and processes.
Trade Deficit is 5th Largest Ever
Washington, D.C., August 10. 2006--Though still the fifth largest ever, the U.S. trade deficit improved slightly in June as record sales of U.S. farm products and other exports blunted the impact of soaring crude oil prices.
Toll Brothers Reduces Deliveries
Horsham, PA, August 9, 2006--Toll Brothers reduced its estimate of the number of homes to be delivered in the fourth quarter.
Lowe's Responds to Chicago 'Big-Box' L
Chicago, IL, August 9, 2006--Lowe's has put plans for two home-improvement centers in Chicago on hold in the wake of the city's new "big-box" minimum-wage ordinance, following similar steps taken by Wal-Mart and Target, a developer and alderman sa
Carpet One Floor & Home Names New Council Members
Manchester, NH, August 8, 2006--Carpet One Floor & Home recently appointed six new members to its advisory council.
The Fed Takes a Break
Washington, DC, August 8, 2006--After 25 months and 17 straight meetings with a quarter-percentage point rate hike, the Federal Open Market Committee decided to hold rates steady at its meeting Tuesday.
UK’s Carpetright 1Q Sales Off
London, England, August 8, 2006--The U.K's biggest retailer of carpet and floor coverings, Carpetright PLC said like-for-like sales in the U.K and Republic of Ireland fell 0.3% in the first quarter, due to unseasonably warm weather.
Hot July is Tepid for Small Business
Washington, DC, August 8, 2006--Scorching temperatures received lots of attention in July, but things were not so hot for the nation's small-business owners.
Editor Calls for Inquiry into Feltex
Auckland, NZ, August 7, 2006--Small shareholders have been burned again. Sunday Star Times business editor Tim Hunter wants the Securities Commission to investigate what went wrong at Feltex.