Survey: Martha Stewart's Resignation Helps Bra
New York, NY, Mar. 19--Consumer opinion of Martha Stewart's brand has risen since the icon of gracious living quit as a director and officer of her namesake company this week.
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.
Feltex to Go Public
Auckland, New Zealand, Mar. 19--Feltex Carpets Ltd, which yesterday announced the layoff of 53 workers, today confirmed the company would make an initial public offering in May followed by listing on the stock exchange.
Ross to Merge Burlington and Cone
Greensboro, NC, Mar. 18--Wilbur Ross made it official yesterday that he has merged Burlington Industries Inc. and Cone Mills Corp. to form what he believes will be a competitive global textile manufacturer.
Beijing Floorcovering Fair Set for September
Beijing, China, Mar. 18--The Chinese International (CIEC) Exhibition Company has announced a 10% discount is being extended for exhibitors registering by March 31.
Recycling - Turning Pallets Into Flooring
Sydney, Australia, Mar. 18--From dross to dance floor; from garbage to golden flooring; from the landfill to the foyer: Whichever phrase you favor, it’s what researchers at North Carolina State University are doing with the ubiquitous, and usually cast-of
Carpet & Rug Institute Endorses Green Chemistry Ac
Washington, DC, Mar. 17--The Carpet and Rug Institute (CRI), testified today before the House Committee on Science, endorsing the Green Chemistry Research and Development Act of 2004.
Producer Prices Up in January
Washington, DC, Mar. 18-- A jump in energy prices pushed U.S. wholesale prices up sharply in January, according to a long-delayed report from the Labor Department issued on Thursday.
Home Builder Lennar's Net Earnings Rise
Miami, FL, Mar. 16--Lennar Corporation, one of the nation's largest homebuilders, today reported earnings for its first quarter ended February 29.
China to End Foreign Retail Curbs by December
Shanghai, China, Mar. 17--China will stick by pledges to open a booming retail sector to foreign players such as Wal-Mart and Carrefour, abolishing joint-venture requirements before December 11, state media said Wednesday.
Consumer Prices Rise
Washington, DC, Mar. 17--Consumer prices rose by a modest 0.3 percent in February as high energy costs continued to hit the pocketbooks of drivers filling up at the pump and people heating their homes.