LL Class Action Lawsuits Extend Beyond Formaldehyde Issue
Toana, VA, March 11, 2015—Lumber Liquidators is currently facing at least 12 class action lawsuits.
Today's Flooring News
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Armstrong Top Execs Offered Retention Award to Stay Through Spinoff
Lancaster, PA, March 11, 2015—Armstrong World Industries is giving three of its top executives an incentive to stay at the company through the spinoff of its flooring business into a new, independent company next year, reports Lancaster Online.
Foreclosure Inventory Fell 33.2% Year Over Year
Irvine, CA, March 11, 2015—CoreLogic's January 2015 National Foreclosure Report reveals U.S. foreclosure inventory declined 33.2% from January 2014, and completed foreclosures declined 22.5%, reports World Property Journal.
Small Business Optimism Edges Upward
New York, NY, March 11, 2015—U.S. small business optimism edged up in February amid signs of tightening labor market conditions, bolstering the view that a recent slowdown in economic activity will be temporary, reports Reuters.
Job Openings Figure Virtually Flat
Washington, DC, March 10, 2015—There were 5.0 million job openings on the last business day of January, little changed from 4.9 million in December, the U.S. Bureau of Labor Statistics reports.
Wholesale Inventories Up Slightly
Washington, DC, March 10, 2015—Wholesale inventories were up 0.3% to $548.7 at the end of January, says the U.S. Census Bureau.
The Floor Store Earns Sixth Armstrong Elite Retailer Recognition
Lancaster, PA, March 10, 2015—The Floor Store’s new San Francisco, California showroom has been named an Elite Retailer by Armstrong, the chain’s sixth location to earn the distinction.
LL Schedules First Investor Call Following 60 Minutes Broadcast
Toano, VA, March 10, 2015—Lumber Liquidators has announced that it will host an investor call on Thursday, March 12 at 10:00 a.m. EST.
NWFA's Wood Flooring Expo Recognized for Growth
St. Louis, MO, March 10, 2015—The National Wood Flooring Association’s Wood Flooring Expo has been recognized as one of the 50 fastest-growing shows in the U.S. by Trade Show Executive magazine.
Milliken Recognized As Ethical Company for 9th Consecutive Year
Spartanburg, SC, March 10, 2015—Milliken has once again been recognized as a 2015 World’s Most Ethical Company by the Ethisphere Institute.