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.
New York, July 3--The Fed has been fanning deflation fears. The labor market is stagnant. And the war in Iraq took more air out of the economy than expected. So how are forecasters responding to the gloomy economic news? They're sticking to their call
St. Louis, July 3--Solutia Inc. has warned that it expects a second-quarter loss of 15 cents to 20 cents per share due to higher-than-expected raw material and energy costs and weakness in downstream nylon markets.
Washington, July 2--The nation’s housing market should continue to provide solid support to the U.S. economy throughout the remainder of 2003 and beyond, and will likely set a new record for sales of new single-family homes this year, the National Associa
London, July 1--Britain's largest floor-covering retailer, Carpetright Plc, reported a bigger than expected dip in annual profit on Tuesday but said it expected to meet analyst earnings forecasts this year despite tough markets.
Chicago, July 1-- The 2003 rankings of Top 20 U.S. retailers was released this morning by Stores magazine. Rankings are based on total sales.
Washington, July 1--Spending on construction projects dropped in May by the largest amount in a year as builders coped with wet weather in some parts of the country as well as a sluggish economic recovery.
Dalton, GA, June 30--Shaw Industries. Inc., has announced that the company will not attend Surfaces '04 in January.
Atlanta, June 30 -- DuPont Flooring Systems, a business unit of DuPont Textiles & Interiors, is now The Invironmentalists(TM) and is creating a new category in the building interior marketplace that focuses on creating and sustaining interior environments
Dalton, GA, June 30--Shaw Contract's flux systems program has received the Best of NeoCon Gold Award in the broadloom carpet category at the acclaimed interior design show in Chicago recently.
Shrewsbury, New Jersey, June 27--Wellman Inc., which makes polyester fibers and plastic resins, said it sold a stake in the company to a private investor after the plan won shareholder approval and it secured a credit line.