Existing-Home Sales Down
Washington, Feb. 25--Sales of existing single-family homes were down in January from near-record highs but remain exceptionally strong.
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.
Thomasville City Council OKs Incentives for Unilin
Thomasville, NC, Feb. 25--The Thomasville City Council agreed to extend a $3.36 million economic incentives package to Unilin Decor Monday.
Group Can't Block Sale of Cone Mills
Charlotte, NC, Feb. 25--A committee in the Cone Mills Corp. bankruptcy case failed to meet a midnight deadline to post a $35 million bond that would have stalled the sale of the company to WL Ross & Co.
Bankruptcy Court Approves Armstrong Land Sale
Lancaster, PA, Feb. 25--Armstrong World Industries' agreement to sell surplus, vacant land to the owner of B&B Yamaha has been approved by a bankruptcy court judge.
Lowe’s is Fortune's “Most Admired” Specialty
Mooresville, NC, Feb. 25--Lowe’s Companies, Inc. is the most admired specialty retailer in America for the second year in a row, according to the FORTUNE 2004 rating of Most Admired Companies.
Columbia Flooring's Danville Plant Wins Award
Danville, VA, Feb. 25--Columbia Flooring's Danville engineered hardwood flooring plant received the 2003 President's Award for outstanding performance.
Forbo Teams with INSTALL to Certify Installers
St. Louis, MO, Feb. 25--Professional installers of resilient flooring will now have more opportunities to earn a Forbo Associate Mechanic certification.
Builders Vote Armstrong Tops in Brand Use Study
Lancaster, PA, Feb. 25--Armstrong and Bruce Hardwood Floors were voted brand leaders in multiple categories, winning Builder Magazine's 2004 Brand Use Study in laminate, vinyl and wood flooring.
Consumer Confidence Drops
New York, Feb. 24--U.S. consumers became much more cautious in February as worries about jobs mounted, the Conference Board said Tuesday.
Federated Earnings Up
Cincinnati, OH, Feb. 24--Federated Department Stores, Inc. today reported fourth quarter results for the year ended January 31, 2004 that reflected strong sales and earnings trends.