Factory Output and Capacity Use Up in June
Washington, D.C. July 17, 2006--U.S. factory output, along with output in utilities and mines rose 0.8% in June, as capacity use also rose, possibly stirring inflation fears.
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.
Carpetright, Dealing with a Downturn and Competiti
Birmingham, England, July 13, 2006--Already hit by a housing downturn, Carpetright is suffering from rivals competing on style and price.
QuickStep Launches “Soft-Scraped” Laminates
Dallas, Texas, July 11, 2006--QuickStep is heating things up this summer with newly launched laminate flooring designs in its popular Country, Eligna, and Perspective 4 lines.
Chain Store Sales Inch Up Last Week
New York, NY, July 11, 2006--Weekly chain store sales posted their first increase in four weeks on a slight uptick of 0.2 percent, an industry group said Tuesday.
New York Man Admits Fraud in Internet Flooring Sal
Albany, NY, July 10, 2006--A 51-year-old Rensselaer man has pleaded guilty in federal court to mail fraud in his Internet-based flooring business.
3M Sees 2Q Earnings Before Items Below Earlier Gui
St. Paul, MN, July 7, 2006--3M Inc. said it expects earnings excluding items for the second quarter to miss its previous outlook due to lower than expected sales volumes and higher than anticipated new capacity start-up costs in its optical systems divisi
Teragren Secures Exclusive Rights to Strand Bamboo
Bainbridge Island, WA, July 7, 2006—Teragren, producer of of environmentally-friendly bamboo flooring, panels and veneer, has announced that it has secured exclusive rights to two patents for popular strand bamboo products.
Study: Portals Poised for Growth in Local Ad Marke
New York, NY, July 7, 2006— According to a new report from JupiterResearch, portals are poised to grow in the local advertising market.
Initial Jobless Claims Off Last Week
Washington, DC, July 6, 2006—Claims unemployment benefits fell 2,000 to a seasonally adjusted 313,000 last week, the Labor Department said Thursday.
Topps Said Sales Improving Despite World Cup
Cheshire, England, July 6, 2006—Ceramic and wood flooring specialist Topps Tiles said yesterday that sales were improving despite the negative impact of the football World Cup.