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.
Columbus, OH, September 8, 2006--The retail spending pace should moderate slightly in September, according to Retail Forward's Future Spending Index. The index edged down to 92.7 this month from the 93.2 reading in August.
St. Louis, MO, September 7, 2006--Furniture Brands International Inc., trimmed its third-quarter earnings forecast, in a further sign that higher interest rates and cooling home sales are leading some consumers to pull back from big-ticket purchases.
Melbourne, Australia, September 7, 2006--The ANZ bank may call in administrators today to oversee transactions concerning New Zealand carpetmaker Feltex. The move comes despite a last-minute proposal being worked on overnight.
Midland, MI, September 7, 2006--Perceptions regarding who is primarily responsible for innovation have expanded from the confines of the laboratory to include all employees of a company, according to a study released by Dow Corning Corporation.
Atlanta, GA, September 7, 2006--Home Depot said Wednesday that federal prosecutors have asked for information from the nation's largest home improvement store chain in connection with a stock option probe.
Cincinnati, OH, September 7, 2006--Federated Department Stores on Sept. 7, will kick off its largest-ever advertising campaign, using television, print, radio and the Internet to announce the conversion of 400 May Co. stores into Macy's locations.
Washington, DC, September 6, 2006--The efficiency of workers rose faster in the spring than earlier estimated, but still slower than in the first quarter, according to a Labor Department report released Wednesday.
Grand Rapids, MI, September 6, 2006--Office furniture order growth accelerated in July, the latest in several months of erratic growth that analysts said indicate a moderating market.
Kansas City, MO, September 5, 2006--Would you believe that a man named David would call his store ‘Big Bob’s’?
London, England, September 5, 2006--Flooring retailer Floors 2 Go said it was on course to meet expectations for the full year despite a slump in profits.