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.
Indianapolis, IN, April 29, 2008 -- Castle Wealth Advisors LLC has signed an agreement with CCA Global Partners to provide business valuation, succession and retirement planning services to Flooring America and Carpet One buying cooperative store owners.
Baar, Switzerland, April 30, 2008 - Sika AG said that its U.S. subsidiary, Sika Corporation, has acquired the commercial and industrial polymer flooring business of ICS Garland, Inc. The price was not disclosed.
Denver, CO, April 29, 2008-- About a quarter of U.S. homeowners say they'll spend their economic stimulus checks on projects for their homes.
Chattanooga, TN, April 29, 2008--The Dixie Group Inc. reported net income of $13,000, or $0.00 per diluted share, for the first quarter of 2008 compared with net income of $171,000, or $0.01 per diluted share, for the first quarter of 2007.
Washington, DC, April 29, 2008--The Conference Board Consumer Confidence Index, which had declined sharply in March, fell further in April.
Irvine, CA, April 29, 2008--The number of U.S. homes in the foreclosure process more than doubled in the first quarter from a year earlier, according to research firm RealtyTrac Inc.
Toano, VA, April 29, 2008--Lumber Liquidators Inc. reported that net income nearly doubled to $4.3 million, or $0.16 per diluted share, in the first quarter of 2008 compared to $2.2 million, or $0.10 per diluted share, in the first quarter of 2007.
New York, NY, April 29, 2008--The Standard & Poor's/Case-Shiller home price index of 20 cities shows that U.S. home prices fell by 12.7 percent in February versus last year, with 17 of the 20 metro areas reporting record annual declines.
Washington, DC, April 29, 2008--The percentage of vacant homes for sale in the U.S. reached a new record high in the first quarter, according to the Census Bureau.
New York, NY, April 29, 2008--U.S. chain store sales fell 1.3 percent in the first two weeks of April compared with the previous month, according to Redbook Research's latest indicator of national retail sales.