Homeownership Rate Holds Steady
Washington, DC, February 1, 2007--The homeownership rate held steady in the fourth quarter at 68.9 percent, according to the U.S. Census Bureau data.
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.
UK Retailer Embraces Ecommerce
London, England, January 31, 2007--With more than 63% of the UK population now online, a select number of companies have been quick to react in developing their digital real estate to cater for this growing online audience.
Armstrong Introduces Locking Hardwood
Lancaster, PA, January 31, 2007--Elegant style in a snap is now available in Locking Hardwood from Armstrong Hardwood Flooring with hand-crafted, sleek and exotic or traditional collections to complement any style, in species including Kona, Australian Wo
Pier 1 CEO to Retire, Replaced by Alex Smith
FT. Worth, TX, January 30, 2007--Pier 1 Imports said chief executive Marvin Girouard will retire on February 19, and will be replaced by Alex Smith, who was with TJX Cos. Inc. as senior executive vice president.
Home Prices Off in November
New York, NY, January 30, 2007--The prices of existing single-family houses extended their slide in most regions in November, trimming annual price gains, according to an index of major metropolitan areas.
UK’s Carpetright Posts Better Than Expected Result
London, England, January 30, 2007--Carpetright, Britain's largest carpet retailer, posted better-than-anticipated third-quarter figures, with like-for-like sales just about positive versus expectations of a drop.
Afghan Rugs a Hit at Atlanta Market
Atlanta, GA, January 30, 2007--The close of the AmericasMart Atlanta marked the successful end of the highly anticipated four-day exhibition Afghan Impressions: Area Rug Artistry & Inspiration--a celebration of Afghanistan’s resurgent rug heritage and cul
Tennant to Receive Governor’s Award
Minneapolis, MN, January 30, 2007--Tennant Co has been chosen by the Minnesota Pollution Control Agency/Minnesota Office of Environmental Assistance to receive a Governor’s Award for Excellence in Waste and Pollution Prevention.
Businesses at Odds Over Minimum Wage
Washington, DC, January 30, 2007--Businesses are at odds over minimum wage legislation, but the rift has little to do with a $2.10 hourly raise.
UK Tile Retailer Goes into Administration
Bridgend, Wales, January 29, 2007--Right Price Tiles, the 53-store ceramic tile retailer, has collapsed following a slump in sales and a rise in overheads.