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.
Linwood, PA, January 4, 2007--Foamex said it has begun its previously announced equity rights offering. The rights offering is being conducted to raise the equity funding necessary for the company to consummate its chapter 11 plan of reorganization.
Lawrence, KS, January 3, 2007--A family-owned floor coverings business is in new hands this year, freeing its biggest booster to take his knowledge and experience nationwide
Washington, DC, December 22, 2006--Personal spending rose in November at the fastest pace in four months as incomes increased and retailers offered discounts to lure holiday shoppers.
Washington, DC, December 22, 2006--Orders for durable goods increased in November even as demand for business equipment waned for a second month.
New York, NY, December 21, 2006--The Conference Board said today its leading index increased for the third consecutive month in November.
Ridgefield, CT, December 18, 2006--The board of directors of StarNet Commercial Flooring Cooperative, the largest member-owned cooperative of independent, commercial floor covering contractors in North America, has appointed Jeanne Matson as its new presi
Washingon, DC, December 15, 2006--Consumer prices were unchanged in November, as lower energy and car prices offset increases in costs for homeownership and medical care, the Labor Department reported Friday.
Mooresville, NC, December 15, 2006--Lowe's has named Larry D. Stone to the post of president and chief operating officer, effective immediately. Stone will continue to report to Chairman and CEO Robert A. Niblock, who served as president since 2003.
Pembroke, FL, December 12, 2006--Mohawk signed a new long-term lease with KTR Capital Partners of New York for a 260,000 square-foot, build-to-suit distribution facility, expanding its already significant presence in the Seneca Industrial Park.
Ann Arbor, MI, December 8, 2006--Consumer sentiment eroded slightly in December, according to researchers at the University of Michigan on Friday.