Consumer Prices Up 0.1%
Washington, DC, February 23—-The consumer price index rose 0.1% in January, after holding steady in December, according to the Labor Department.
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.
Floor and Decor Opening in Phoenix a Record Breake
Atlanta, GA, February 23--Floor and Decor Outlets of America opened its first Phoenix location last month, to what the company called record-breaking sales.
Idaho Contractor Competes for Jobs Nationwide
Pocatello Idaho, February 23--At a time when the spread of big box stores is forcing other family owned businesses to close, the floor covering business which Charles H. Bohrer started in 1923 is competing for contracts throughout the nation.
Shaw Ends Flooring Program with Martha Stewart
New York, NY, February 24—-In an earnings report released yesterday, Martha Stewart Living Omnimedia Inc. revealed that the company has received unspecified revenues as a result of the dissolution of its Martha Stewart Signature flooring program with Shaw
NYT: May Suspends CEO Search
New York, NY, February 22--According to a report in the New York Times, May Department Stores said it has suspended its search for a new chief executive officer as merger talks with Federated Department Stores advanced.
Brascan Buys Weyerhaeuser's B.C. Coastal Group
Vancouver, BC--February 22--Weyerhaeuser Company reached a definitive agreement to sell its B.C. Coastal Group assets to Brascan Corporation of Toronto, Canada for approximately $1.2 billion ($970 million US), plus working capital.
Consumer Confidence Dips In February
New York, February 22--The Conference Board’s Consumer Confidence Index, after improving in January, dipped in February.
Carpet One Names Mannington 'Partner of the Ye
Salem, NJ, February 22--This month at the Carpet One 20th Anniversary Winter Convention in Dallas, Mannington was named the organization’s Partner of the Year. Voted on by over 1,000 Carpet One members, this first-ever award recognizes the outstanding an
Stoddard Closes its Doors
Kilmarnock, Scotland, February 22--Production at a historic Scottish carpet maker is to end after receivers conceded defeat yesterday in their attempts to find a buyer, according to the Guardian.
Trade Commission of Spain Intros Design Guide
New York, NY, February 22--Touting Spain as a leader in global design, the Trade Commission of Spain introduced the Guide to Spanish Design & Interiors at an event in New York City.