UK's Allied Carpets Closing 142 Stores
London, England, Aug. 14, 2009--Administrators for bankrupt retailer Allied Carpets said Friday that it is closing 142 stores.
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.
Consumer Sentiment Falls Unexpectedly in August
Ann Arbor, MI, Aug. 14, 2009--The U.S. consumer sentiment index unexpectedly declined in early August to 63.2 from 66.0 in July, according the Reuters/University of Michigan index.
AstroTurf, California, Reach Settlement Over Lead
Sacramento, CA, Aug. 14, 2009--AstroTurf has reportedly agreed to reformulate its products, replace fields and playground surfaces installed over the last five years and pay thousands in fines in a settlement in California.
FIANA Offering Web-Based Courses
Granbury, TX, Aug. 14, 2009--Flooring Installation Association of North America, in conjunction with its new partnership with BlueVolt, is introducing the new FIANA Training Center, web-based learning platform.
Tennant To Be Featured on 'Greatest' Program
Minneapolis, MN, Aug. 13, 2009--Tennant said that its ec-H2O floor cleaning technology will be featured on the cable television program “World’s Greatest..!”
China Becomes World's Largest Log Importer
Beijing, China, Aug. 14, 2009--Having stripped its own country of a considerable amount of its natural forests, China has become the largest importer of logs in the world.
Consumer Prices Fall Most Since 1950
Washington, DC, Aug. 14, 2009--U.S. consumer prices were down 2.1% year-over-year in the sharpest annual decline since 1950, the Labor Department reported Friday.
Analyst Upgrades HD, Downgrades Lowe's
New York, NY, Aug. 14, 2009--FBR Capital Markets has upgraded Home Depot, Inc. shares to Outperform from Market Perform, while downgrading Lowe's Companies Inc. shares to Market Perform from Outperform.
Leonardo Academy Makes Committee Appointment
Madison, WI, Aug. 14, 2009--Leonardo Academy has appointed Eric Lombardi, executive director of Eco-Cycle, one of the largest nonprofit recycling organizations in the U.S., to the SCS-002 Standards Committee Environmental Interest Category.
Industrial Output Rose in July
Washington, DC, Aug. 14, 2009--U.S. industrial output rose in July for the first time since October, the Federal Reserve reported Friday.