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, DC, March 23--The Consumer Product Safety Commission and Hellenic have said that consumers should stop using Hellenic Rug Imports’ "Mazarakis Flokati 3A" and "Mazarakis Floco" white flokati rugs immediately unless otherwise instructed.
New York, March 23—-Legg Mason analysts have cut their rating on Mohawk Industries Inc. to "hold" from "buy."
Washington, DC, March 23--The consumer price index in February rose a seasonally adjusted 0.4 percent, according to the Labor Department.
Delson, Quebec, March 23--Goodfellow Inc., Canada’s largest distributor of hardwood flooring, saw its net profits fall in the fiscal second quarter on lower sales.
Cheshire, England, March 23--Topps Tiles has joined the ranks of retailers suffering in the current UK consumer downturn.
Cairo, GA, March 22--A century after loggers stopped using Georgia's rivers to move their product, the state Legislature is considering a bill to let divers extract sinkers.
Paramus, NJ, March 22--Vornado Realty Trust said it would support Kmart's $12 billion acquisition of Sears, quashing speculation the real estate company would make its own bid for the struggling department store.
Durham, England, March 22--The firm has made carpets for palaces and leading hotels, but now one of the country's leading carpet makers has put its factory in Durham into administration, according to the BBC.
Boca Raton, FL, March 22--Coverall Cleaning Concepts opened a new Coverall Master Regional Support Center in Iselin, New Jersey, owned and operated by John D. Landolfi.
Miami, FL, March 22—-Homebuilder Lennar Corp. said Tuesday that first-quarter earnings grew 39 percent year-over-year, as pricing power in land-constrained markets drove strong margins.