U.S. Buys 22% of Iranian Carpet Exports
Tehran, Iran, July 19, 2006--The U.S. was among Iran's major importers of Persian carpet in the first quarter of the current Iranian fiscal year of 1385 (started on March 21).
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.
UK’s United Carpets Earnings Off
London, England, July 19, 2006--United Carpets Group plc, a chain of specialist retail carpet and floor cover stores in the UK, reported a drop in pretax profit for the year to end-March after reducing its opening program.
Chain Store Sales Off Last Week
New York, NY, July 18, 2006--Chain store retail sales fell 0.6 percent in the latest week as warmer-than-normal weather and high gasoline prices kept shoppers at home, a retail report said on Tuesday.
Trade Deficit Widens
Washington, DC, July 12, 2006--The trade deficit widened by 0.8% in May to $63.8 billion as both imports and exports set monthly records, the Commerce Department said Wednesday
Williams-Sonoma Trims Q2 Guidance
San Francisco, CA, July 11, 2006--Williams-Sonoma on Tuesday cut its quarterly revenue forecast on disappointing sales at its Pottery Barn chain, and said its chief executive officer was retiring this week.
American Garage Floor Launches New Garage Flooring
Anderson, IN, July 7, 2006--American Garage Floor has launched SwissTrax Garage Flooring tiles for sale on their website.
Mediterranea Intros Tantra
Doral, FL, July 6, 2006--Mediterranea, a multi-national tile firm and producer of ceramic and porcelain tile with a creative element, presents its latest fully rectified glazed porcelain collection: “Tantra.”
Retail Sales Growth Stalls in June
New York, NY, July 6, 2006--Retail sales growth stalled in June, leaving merchants wondering whether shoppers who were resilient for much of the year are now curbing their spending because of higher gas prices.
European Online Shoppers to Cross the €100 Billion
Amsterdam, The Netherlands, July 4, 2006—According to Forrester Research European eCommerce Forecast: 2006 To 2011, 100 million European online shoppers will spend an average of €1000 each, and drive online retail past the €100 billion mark.
Oscoda Plastics Signs New Distributors
Oscoda, MI, June 29,2006--Oscoda Plastics, Inc., has announced the addition of two regional flooring distributors to its distribution network for Protect-All Specialty Flooring products.