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.
Washington, DC, Aug. 5, 2009--Mortgage applications filed last week rose a seasonally adjusted 4.4%, compared with the week before, as rates on fixed-rate mortgages dropped, the Mortgage Bankers Association said on Wednesday.
London, England, Aug. 5, 2009--Topps Tiles Plc's interim management statement for the 18 weeks ended Aug. 1 revealed that overall revenue was down 9.9%, with same-store sales down 10.9%, compared with an 8% drop in 2008.
Lawrence, MA, July 27, 2009--Rubber flooring firm Nora systems Inc. has launched a new website, nora.com/us., designed to support the "All About Flooring, All About You" brand introduced earlier this year.
New York, NY, Aug. 5, 2009--Deutsche Bank has raised its price targets on Home Depot and Lowe's.
London, England, Aug. 5, 2009--Britain's biggest floor coverings retailer, Carpetright said it grew sales in the first quarter, the first rise since the fourth quarter of 2007/08.
Washington, DC, Aug. 5, 2009--Orders for U.S.-made factory goods rose 0.4% in June, outperforming expectations from Wall Street analysts, the Commerce Department reported Wednesday.
Nanterre, France, Aug. 5, 2009--Tarkett almost reached its target of 100 percent ownership of Serbian floorcovering firm Sintelon.
Fairfield, OH, Aug. 4, 2009--The owner of a carpet retailer in Ohio said he'll live on the roof of his store until a bank loan comes through to save his company, Cincinnati television WLWT reported.
Peachtree City, GA, Aug. 3, 2009--Tarkett Sports has acquied contractor Atlas Track & Tennis.
Washington, DC, Aug. 4, 2009--In another sign the housing sector may be turning, pending sales of existing homes rose in June for the fifth straight month, according to the National Association of Realtors.