UK's Topps Tiles Profiting from Remodeling Boom
London, England, Sept. 28, 2012 -- Topps Tiles is profiting from a boom in remodeling as the housing market slump is keeping people from selling their homes.
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.
Quarterly Income Rises for H.B. Fuller
St. Paul, MN, Sept. 28, 2012 -- Adhesives maker H.B. Fuller Company reported net income from continuing operations for the third quarter was $24.6 million, or $0.48 per share.
Tarkett Acquires Tandus Group
Chagrin Falls, OH, Sept. 26, 2012 -- Tarkett said it has acquired commercial carpet maker Tandus Group Inc.
Armstrong Selling Cabinet Business
Lancaster, PA, Sept. 27, 2012 -- Armstrong is selling its cabinets business to American Industrial Partners for $27 million.
Unemployment Applications Fall 26,000
Washington, DC, Sept. 27, 2012 -- Initial applications for unemployment benefits last week fell to the lowest level since late July.
Pending Home Sales Edge Down in August
Washington, DC, Sept. 27, 2012 -- Pending home sales declined in August after hitting a two-year high in July, according to the National Association of Realtors.
Police Looking for Stolen SmartStrand Rhino
St. Peters, MO, Sept. 27, 2012 -- A 12-foot tall inflatable rhino promoting Mohawk's Smartstrand carpet at Michael's Flooring Outlets was stolen last Friday.
Mullican Offering Retailer Reward Campaign
Johnson City, TN, Sept. 27, 2012 -- Hardwood maker Mullican Flooring said it is conducting a national cash rewards campaign for flooring retailers Oct. 1 through Nov. 30.
GDP Revised Lower for Second Quarter
Washington, DC, Sept. 27, 2012 -- Economic growth in the second quarter was revised down to 1.3% from 1.7% in its final review.
Durable Goods Orders Decline on Transportation
Washington, DC, Sept. 27, 2012 -- Durable goods orders fell 13.2% in August due mostly to significantly lower orders for cars and airplanes, according to the Commerce Department.