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.
Charlotte, NC, May 31--Lowe's Cos. younger portfolio of retail stores and new programs will help distinguish it from larger rival Home Depot Inc. as that home-improvement retailer adopts some of the same strategies Lowe's has used for years, top e
New York, NY, May 31--Moody's Investors Service affirmed the Baa2 senior unsecured and other ratings of Mohawk Industries, Inc., but changed the outlook from stable to positive.
Mooresville, NC, Jun. 1--Lowe's Companies, Inc. announced at its annual meeting of shareholders that the company has promoted Robert F. Hull Jr. to executive vice president and chief financial officer.
Washington, DC, Jun. 1--Job reductions by U.S. corporations were nearly unchanged in May at 73,368, up 1.6 percent from April's 72,184, according to a monthly tally released Tuesday by outplacement firm Challenger Gray & Christmas.
Mooresville, NC, May 28--Lowe's Cos.on Friday said it boosted its quarterly dividend by 33 percent.
Ann Arbor, MI, May 28--U.S. consumer sentiment slipped fell in May, as high energy prices and the prospect of interest rates hikes weighed on Americans' willingness to spend.
Dallas, TX, May 28--Shareholders bombarded Home Depot chief executive Bob Nardelli Thursday with concerns about inconsistent customer service and the retailer's stock price, which has fallen 13 percent during his tenure despite record company earnings
Cheltenham, UK, May 28--Union leaders have reacted with fury to the news that nylon fibre producer Invista is cutting a quarter of its 900-strong workforce, according to the Gloucestershire Echo.
Luxembourg, May 28-- General Electric Co. appealed Thursday for a European Union court to overturn a ban on its merger with Honeywell International Inc. claiming EU regulators buried evidence and disregarded data.
Midland, MI, May 28--Dow Latex, the latex business of The Dow Chemical Company announced plans to add a second styrene/butadiene latex train in its production site in Zhangjiagang, China, to better meet the growing customer needs in the Greater China regi