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, May 22, 2007--Strengthening demand and steady increases in occupancy levels in rental apartments with five or more units buoyed multifamily builder confidence in the first quarter of 2007.
Washington, DC, May 22, 2007--The following is a statement from Jerry Howard, Executive Vice President and CEO, National Association of Home Builders:
New York, NY, May 22, 2007--Saks reported first quarter earnings that were off 86 percent, included sizable gain on the sale of its Saks Department Store Group businesses.
London, England, May 22, 2007--Flooring retailer Topps Tiles posted a 4.4% hike in like-for-like sales while half year pre-tax profit fell slightly.
Coconut Grove, FL, May 21, 2007--Ilva S.A. has appointed Leandro Díaz Mujica to the position of export department leader at Ilva headquarters.
Wayne, PA, May 21, 2007--Robert Wright of Wayne, Pennsylvania has invented the Pneumatic Carpet Stretcher.
New York, NY, May 21, 2007--Analysts at Morgan Keegan reiterate their "outperform" rating on Mohawk, while revising their estimates for the company.
Mooresville, NC, May 21, 2007--Lowe's in the first quarter reported net earnings of $739 million, a 12.1 percent decline versus the same period a year ago.
Anaheim, CA, May 21, 2007--EcoTimber's line of prefinished hand-scraped hardwood flooring has been awarded the Green Building Pages 2007 Sustainable Products Earth Day Award.
Raleigh, NC, May 18, 2007—Earlier this week Pergo announced a change in its existing relationship with flooring retail cooperative CCA Global Partners.