Business Sales Up, Inventories Steady
Washington, DC, August 11--Businesses inventories held steady in June and rising sales pushed the stocks-to-sales ratio down to a record low, the government said on Thursday.
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.
UK Retailer Carpetright Under Fire from Investors
Rainham, England, August 11--Carpetright chairman and chief executive Lord Harris is under fire from an investor lobby group for his apparent unwillingness to relinquish one of his roles.
Retail Sales Up 1.8%
Washington, DC, August 11--Retail sales rose 1.8% in July as auto sales enjoyed the strongest growth in nearly four years, according to the Commerce Department.
Distribution America Launches New Look for Retaile
Des Plaines, IL, August 11--Taking a cue from millions of customers who shop to remodel and redecorate, Distribution America and its distributor members have launched a new store environment package.
Armstrong’s Certified Installer Program a Benefit
Lancaster, PA, August 10--Over 5,000 installers to date have gained the benefits of Armstrong’s Certified Installer Program (A.C.I.P). Participants are tested in proper installation materials and techniques.
CARE Seeking Funding for Carpet Recycling Projects
Dalton, GA, August 10--Carpet America Recovery Effort (CARE) has issued a request for proposals to seek a consultant to identify sources of public and private funding and financing and obtain monies for innovative carpet reuse and recycling activities co
Plastech Makes Bid for Auto Supplier Collins & Aik
Detroit, MI, August 10--Plastech Engineered Products Inc. has made a $1 billion bid to buy rival auto-parts supplier Collins & Aikman Corp., which filed for bankruptcy in May.
Mohawk Guard Abducted In Texas Trailer Heist
Coppell, TX, August 10—-According to reports, a security guard was kidnapped from her job at Mohawk Industries while a man stole a trailer full of carpet from the facility.
Nepali Carpet Association Unhappy Over Delisting
Kathmandu, Nepal, August 10--The announcement of delisting of the carpet industries from the category of cottage industry by the Nepali government will be harmful to the sector, according to a trade association.
ServiceMagic Completes ImproveNet Acquisition
Golden, CO, August 10—-ServiceMagic completed its acquisition of the stock of ImproveNet, Inc., a leading online home services marketplace.