Poll Shows Consumer Confidence Rise
New York, NY, Jun. 5--Overall consumer confidence rose last week for the second consecutive week, according to the latest ABC News/Money Magazine poll.
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.
Aaron Rents Elects David L. Kolb Director
Atlanta, GA, Jun. 5--Aaron Rents, Inc. today announce that David L. Kolb has been elected to fill a vacancy on its Board of Directors. Kolb is Chairman of the Board of Mohawk Industries, Inc.
Martha Steps Down As Chairman, CEO
New York, NY, Jun. 5--Martha Stewart said on Wednesday she was quitting as chairman and chief executive of her company, hours after she was indicted on obstruction of justice charges.
Iran's Share of World Carpet Sales Down
Tehran, Iran, Jun. 5--Iran's share of world carpet trade has sharply decreased from 55 percent to 28 percent with international producers taking the lead from Iranians by producing cheaper carpets with higher quality, the IRNA reported from Tehran, qu
Productivity Rises 1.9%
Washington, DC, June 5--America's productivity improved in the first quarter of 2003 as companies produced more while keeping their work forces lean.
Will Big Boxes Saturate The American Landscape?
New York, NY, June 3 - Lowe’s chairman and CEO Robert Tillman told analysts he's not concerned about big boxes overruning the American landscape.
Pennsylvania Flooring Company on Track for Revival
Quehanna, PA, June 4--In northeast Clearfield County, an area thin with substantial employers, a Virginia manufacturer and state aid have come together to resurrect a failed flooring manufacturer, according to the Pittsburgh Post-Gazette.
Icoworks Acquires Madawaska Hardwood Flooring Inve
Toronto, Ontario, June 4--Paragon Polaris Strategies.com Inc., dba Icoworks, today announced that Icoworks, Inc.'s subsidiary, Icoworks Eastern Limited ("Icoworks"), has acquired the inventories of Madawaska Hardwood Flooring Inc.
Burlington Seeks More Time to Assemble Chap 11 Pla
Greensboro, NC, June 3--Burlington Industries Inc. has made progress in its Chapter 11 case, but the clothing company still needs more time to stitch together a modified reorganization plan.
Mohawk Opts Out of Surfaces 2004
Dalton, GA, June 3—Mohawk has announced that it will not exhibit at Surfaces 2004, and, in response to dealer requests, will instead focus on expanding its regional dealer product launch meetings.