Percentage of Home Sales from Foreclosures Falls
Irvine, CA, Aug. 25, 2011 -- Approximately one-third of all home sales this spring were foreclosures, according to tracking firm RealtyTrac.
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.
Max Windsor Enters Vinyl Market With Plank
Rancho Cucamonga, CA, Aug. 25, 2011 -- Hardwood flooring firm Max Windsor Floors has entered the PVC plank market with a glue-down textured wood look called Wood Grains LVP.
Propex Names Maynie Director of Marketing
Chattanooga, TN, Aug. 25, 2011 -- Propex Operating Company said it has named John Maynie director of marketing.
Jobless Claims Rise on Verizon Labor Dispute
Washington, DC, Aug. 25, 2011 -- Initial claims for unemployment benefits rose last week, partly due to a labor dispute at Verizon, according to the Labor Department.
Desso Develops App for Apple Mobile Devices
Waalwijk, The Netherlands, Aug. 24, 2011 -- Carpet manufacturer Desso has introduced a new application for Apple’s iPhone and iPad mobile devices.
Rug Retailer Moomjy Files for Bankruptcy
Paramus, NJ, Aug. 25, 2011 -- Rug and carpet retailer Einstein Moomjy has filed for bankruptcy re-organization and cut its operations as sales have plummeted, according to NorthJersey.com.
Corporate Floors Recognized for Growth
Grapevine, TX, Aug. 25, 2011 -- Corporate Floors was recognized as one of the top 5,000 fastest-growing private companies in the country by Inc. Magazine, placing at number 85 in the construction industry, and number 67 in Dallas.
Topps Tiles Says Sales Plunge This Summer
London, England, Aug. 25, 2011 -- Topps Tiles reported a sharp fall in sales over the summer, blaming a weak consumer confidence for its performance.
UK's Floors-2-Go Closes 53 Stores, Others Sold
Birmingham, England, Aug. 25, 2011 -- Following the appointment of administrators, 53 Floors-2-Go stores have been closed.
Builder Toll Brothers Reports Higher Net Income
Horsham, PA, Aug. 24, 2011 -- Luxury home builder Toll Brothers reported fiscal third-quarter net income rose 54% on 13% lower revenue.