Consumers Boost Economists' Forecasts
New York, NY, Oct. 9--Surprising resilience in consumer spending the third quarter.
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.
Foamex Adds To Board Of Directors
Linwood, PA, Oct. 10--Foamex International, Inc., the leading manufacturer of flexible polyurethane and advanced polymer foam products in North America, announced today that Raul Valdes-Fauli has been named to the Foamex Board of Directors.
Dixie and Shaw Voluntarily Give FTC More Time for
Chattanooga, TN, Oct. 10--The Dixie Group, Inc. announced that, following informal discussions with the staff at the Federal Trade Commission, Dixie and Shaw Ind. have agreed to voluntarily provide the FTC with additional time in which to review the propo
Wholesale Prices Edge Higher
Washington, DC, Oct. 10--Wholesale prices rose last month, but at a slower pace than in August, as the ability for businesses to raise prices remains weak despite recent acceleration in the economy.
Martha's Civil Case Will Proceed
New York, NY, Oct. 10--A judge hearing civil lawsuits against Martha Stewart denied prosecutors' attempts to keep her lawyers from interviewing 15 government witnesses, saying he was not going to "keep this civil case hanging in the air while you proc
Solutia Refinances Credit Facility
St. Louis, MO, Oct. 9--Solutia today announced that it has closed on a new revolving credit facility effective Oct. 8.
Milliken Intros Trading Spaces Brand Carpet Panel
La Grange, GA, Oct. 9--In one of the first episodes of "Trading Spaces: Family," there was a serious need to find a solution and replace the old carpet without breaking the budget by refinishing the wood floors underneath.
Solutia Expects Third Quarter Loss
St. Louis, MO, Oct. 9--Solutia, Inc. indicated that it expects an after-tax loss in the range of $1.65 to $1.70 per share for the third quarter.
Federated Sales Strong
New York, NY, Oct. 9--Federated Department Stores, parent of the Macy's and Bloomingdale's department stores, on Thursday posted a 3.2 percent rise in September sales at stores open at least a year and raised its third-quarter profit forecast.
Judge Questions Case Against Martha
New York, NY, Oct. 9--A federal judge mocked the criminal case against Martha Stewart, then handed her a victory by allowing her lawyers to question key government witnesses before her big trial in January, court papers show.