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.
Dalton, GA, April 21, 2011 -- A major study of inner city children with asthma confirms the carpet industry's assertion that clean, dry carpet is a healthy flooring choice for everyone, according to the Carpet and Rug Institute.
Wilmington, DE, April 21, 2011 --DuPont reported first quarter net income increased 27% to $1.43 billion versus $1.13 billion in 2010, with earnings of $1.52 per share, compared to $1.24 per share in the prior year.
Cleveland, OH, April 21, 2011 -- Sherwin-Williams, a major seller of floorcovering, reported net income of $68.3 million in the first quarter, compared to net income of $32.6 million a year ago.
New York NY, April 21, 2011 -- Online publication Seeking Alpha says that Lumber Liquidators has seen declining inventories over the last few quarters, leading to gross margins that are the lowest in four years.
Washington, DC, April 20, 2011 -- The Architecture Billings Index edged down 0.1 point to 50.5 in March, according to the American institute of Architects.
Washington, DC, April 20, 2011 -- Resales of single-family homes and condos rose 3.7% in March to a seasonally adjusted annual rate of 5.1 million, the National Association of Realtors said Wednesday.
New York, NY, April 20, 2011 -- Chain-store sales in the U.S. last week rose 3% over last year, the International Council of Shopping Centers reported.
Paris, France, April 20, 2011 -- Tarkett said it is accelerating its development in China through the creation of a joint venture in Hong Kong with 70% ownership.
Fullerton, CA, April 20, 2011 -- The Carpet Recyclers of La Mirada, Calif. have collected and recycled 100 million pounds of post-consumer carpet since beginning operations in 2009, the company said in a press release.
Lancaster, PA, April 20, 2011 -- Armstrong World Industries Inc. said it is opening its first retail outlet in India near Mumbai.