Canadian Tile Firm Changes Name
Vancouver, British Columbia, March 14, 2011 --Bellavita Tile by DM Connections Inc. of Vancouver has officially changed its name to Bellavita Tile Inc. as part of a major restructuring.
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.
China Ceramics' Profit Surges in Quarter
Jinjiang, China, March 14, 2011 -- China Ceramics Co. said that net profit for the fourth quarter was $9.4 million, up 133.5% from the same period in 2009.
Homerwood Cited in ABC's 'Made in America'
Titusville, PA, March 14, 2011 -- Armstrong subsidiary Homerwood Premium Hardwood Flooring was cited by ABC World News Tonight as part of the network’s “Made in America” series.
Oil Prices Down Again on Japan Uncertainty
New York, NY, March 14, 2011 -- Oil prices fell again Monday as analysts tried to determine how much the disaster in Japan will affect energy demand.
Pfleiderer Sees 2010 Loss, Restructuring Continues
Neumarkt, Germany, March 11, 2011 -- Pfleiderer AG will record a full-year net loss of $475.7 million, RTT News reported, citing provisional and unaudited financial statements.
Retail Sales Jump in February
Washington, DC, March 11, 2011 -- U.S. retail sales increased 1.0% in February, the biggest jump in four months and the eighth straight monthly gain, the Commerce Department said.
Conditions Improving for Multi-Family Housing
Washington, DC, March 11, 2011 -- Two quarterly indices produced by the National Association of Home Builders indicate a return to healthy market conditions for both new and existing apartments and condominiums.
Consumer Sentiment Falls To Five-Month Low
Ann Arbor, MI, March 11, 2011 -- Consumer sentiment fell to its lowest level in five months in early March, according to the latest consumer survey from Thomson Reuters and the University of Michigan.
Beaulieu Named Sherwin-Williams Vendor of Year
Dalton, GA, March 11, 2011 -– Beaulieu said it has been named the Vendor of the Year honors in floorcovering by Sherwin-Williams for the second consecutive year.
Total Family Debt Lowest in Six Years
Washington, DC, March 11, 2011 -- U.S. family debt last year was lower than at any point in the previous six years, according to the Federal Reserve.