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, May 14--Consumer prices rose at the slowest pace in four months in April as energy prices stabilized, suggesting that inflation remains safely below levels that might spur the Federal Reserve to raise interest rates rapidly.
Minneapolis, MN, May 13--First-quarter earnings at Target Corp. jumped 25% as the company's namesake discount store continued to carry its other two sluggish divisions.
Dalton, GA, May 14--Shaw Industries recently completed presentations of its Shaw Advantage 04 program to floorcovering retailers throughout the country.
Hoffman Estates, IL, May 14--In recent months, Sears, Roebuck and Co. has opened two freestanding Sears Grand stores--each exceeding 200,000 square feet.
New York, NY, May 12--According to a report from Reuters a rapid surge in oil prices has pulled the rug out from under the U.S. carpet industry.
Lancaster, PA, May 13--The 2004 Olympic Games’ football (soccer) competitions scheduled in the Panthessaliko Stadium in Volos, Greece will play out on DD GrassMaster.
Albany, NY, May 13--The state Attorney General's office has shut down the website of Beaverhome.com, a flooring company formerly in Niagara Falls.
Atlanta, GA, May 13--Home Depot today announced it has signed a definitive agreement to acquire Home Mart, the second largest Mexican home improvement retailer.
Washington, DC, May 13--U.S. inflation in the production pipeline stayed mild last month despite strong economic growth, validating the Federal Reserve's view that it will not need to raise interest rates rapidly this year.
Lancaster, PA, May 12--Armstrong Flooring, the leading manufacturer of resilient, hardwood, laminate and ceramic floor products for the professional and retail markets is a Golden Hammer Award winner for the third consecutive year.