Retail Sales Decline in January
Washington, DC, Feb. 13, 2014 -- Retail sales fell 0.4% in January, according to the Commerce Department.
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.
Orian Announces $13 Million Expansion
Columbia, SC, Feb. 12, 2014 -- Orian Rugs said it will spend $13 million to expand its South Carolina facility.
Surfaces Show Attendance Rises This Year
Dallas, TX, Feb. 12, 2014 -- Attendance at the International Surface Event rose 7% over last year, according to Hanley Wood Exhibitions.
Late Mortgage Payment Rate Continues to Fall
New York, NY, Feb. 12, 2014 -- The rate of late payment on home loans has hit the lowest level in more than five years, according to credit reporting agency Transunion.
Cradle to Cradle Institute Outlines Updates
San Francisco, Feb. 12, 2014 -- The Cradle to Cradle Products Innovation Institute has added three new board members, 10 international assessors and has rolled out a new product registry.
Mortgage Application Volume Declines
Washington, DC, Feb. 12, 2014 -- Mortgage application volume fell last week as both purchase and refinancing applications declined, according to the Mortgage Bankers Association.
Nuheat Promotes Thomson to Vice President
Vancouver, BC, Feb. 12, 2014 -- Nuheat Industries has promoted director of sales Peter Thomson to vice president of sales.
Forbo Raising Prices in May
Hazleton, PA, Feb. 11, 2014 -- Forbo Flooring Systems said it will raise prices 3-5% in the U.S. and Canada, effective May 1.
Labor Market Still a Concern For Fed's Yellen
Washington, DC, Feb. 11, 2014 -- It appears the Federal Reserve will stay the course under new Chair Janet Yellen.
Mohawk's Henderson Honored by ASID
Calhoun, GA, Feb. 11, 2014 -- Jerry Henderson, senior stylist/designer for Mohawk Group, recently received the Presidential Citation Award of Excellence from the Georgia Chapter of American Society of Interior Designers.