Gulistan To File for Chapter 11 Bankruptcy
Aberdeen, NC, Dec. 31, 2012 -- Gulistan Carpet is apparently shutting down operations.
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.
Pending Home Sales Highest Since April 2010
Washington, DC, Dec. 28, 2012 -- Pending home sales rose in November for the third straight month and reached the highest level in two-and-a-half years, according to the National Association of Realtors.
Consumer Confidence Fall on 'Cliff' Concerns
Washington, DC, Dec. 28, 2012 -- Consumer confidence dropped in December to the lowest level in four months, according to the Conference Board.
Home Prices Up Substantially Over a Year Ago
Washington, DC, Dec. 27, 2012 -- U.S. home prices in October were up 4.3% over a year ago, although they were lower than in September, according to the S&P/Case-Shiller 20-city index.
Initial Jobless Claims Drop Again
Washington, DC, Dec. 27, 2012 -- Initial applications for unemployment benefits fell the week of December 22 to one of the lowest levels of the year, according to the Labor Department.
Trissl Presented Key to City of Florence, Alabama
Florence, AL, Dec. 24, 2012 -- The City of Florence, Alabama recognized Centiva president and founder Thomas Trissl with two honors.
Mohawk To Acquire Marazzi for $1.5 Billion
Calhoun, GA, Dec. 20, 2012 -- Mohawk Industries said it will acquire Italian tile maker Marazzi Group for $1.5 billion in cash and equity.
Shaw Living Opens New Las Vegas Showroom
Dalton, GA, Dec. 21, 2012 -- Shaw Living has opened a new showroom at the World Market Center in Las Vegas.
Consumer Spending Up Most in Three Years
Washington, DC, Dec. 21, 2012 -- U.S. consumer spending increased in November by the most in three years, according to the Commerce Department.
Durable Goods Orders Rise Again in November
Washington, DC, Dec. 21, 2012 -- Durable goods orders increased in November for the sixth time in seven months, but at a slower pace, the Commerce Department said.