UK's Topps Tiles Says Sales Decline Slowing
London, England, Sept. 23, 2009--British flooring retailer Topps Tiles said sales fell more slowly in its second half, adding to hopes the recession may be ending.
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.
Chicago Firm Expands Pad Recycling Program
Franklin Park, IL, Sept. 22, 2009--Boutique Chicago flooring company Romar Flooring Inc. is making its carpet pad recycling program available to the general public.
Formica Flooring Signs Southeast Distributor
Barnwell, SC, Sept. 23, 2009--Formica Flooring said that distributor A&M Supply Corp. will handle distribution in North Carolina, South Carolina, Georgia, Alabama and Tennessee.
Andalusia Makes First Biodiesel Delivery to Shaw
Anadalusia, AL, Sept. 23, 2009--The city of Andalusia, Ala. has made its first delivery of 250 gallons of biodiesel fuel to Shaw Industries, the largest employer in the city, according to the Andalusia Star-News.
Mortgage Application Volume Up on More Refinancing
Washington, DC, Sept. 23, 2009--Mortgage application volume rose 12.8% last week from the the week before, boosted by greater activity in refinancings, the Mortgage Bankers Association reported on Wednesday.
Balta Group Planning Huge Solar Installation
Sint-Baafs-Vijve, Belgium, Sept. 22, 2009--The Balta Group plans to use 88,000 square meters of roof area at its factory in Sint-Baafs-Vijve for a project which will be the largest solar energy installation on a factory roof in the Benelux region.
Unemployment Driving Mortgage Delinquencies Higher
New York, NY, Sept. 22, 2009--High unemployment keeps increasing the rate of mortgage delinquencies, which could in turn drive more personal bankruptcies and home foreclosures, the Equifax Inc credit bureau said Monday.
AreaRugs.com Domain Purchased By Investors
Des Moines, IA, Sept. 22, 2009--AreaRugs.com has new ownership, having been bought by a group of investors for $405,000 for just the domain.
Chain Store Sales Off Last Week
New York, NY, Sept. 22, 2009--The ICSC-Goldman Sachs chain store sales index for the week ending Sept. 19 fell 2 percent from the prior week, but increased by 0.6 percent from the same week of last year.
Housing Groups Lobby Regulators on Appraisals
Washington, DC, September 22, 2009--The National Association of Home Builders hosted a Residential Real Estate Appraisal Summit on Monday with federal regulatory agencies.