Carpetright's Harris Sees Improvement in 2015
London, England, March 23, 2012 -- Carpetright executive chairman Lord Harris predicts another two years of recession, then five very good years.
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.
Butler Johnson, All Tile Win Surfaces Prizes
Dallas, TX, March 23, 2012 --Butler Johnson Corporation and All Tile Inc. were awarded the Surfaces 2012 Distributor Program top prize for registering and bringing more than 300 retailers to the show.
KB Home Narrows First Quarter Loss
Los Angeles, CA, March 23, 2012 -- Homebuilder KB Home reported a first-quarter loss of $45.8 million, or $0.59 a share, compared to a loss a year ago of $114.5 million, or $1.49 a share.
Empire Today Expands in Texas
Northlake, IL, March 23, 2012 -- Empire Today has expanded service in Texas and is now servicing the San Antonio, Austin and Waco-Temple-Bryan areas.
Valinge Signs License With Handsome Plastic
Viken, Sweden, March 23, 2012 -- Taiwanese vinyl-flooring producer Handsome Plastic has signed a license for use of Valinge's mechanical locking system, Valinge said.
BOA Pilot Program Converts Deed to Lease
Charlotte, NC, March 23, 2012 -- Bank of America Corp. is beginning a small pilot program that would convert distressed properties into rental units, turning the homeowners into tenants.
Economic Indicators Show More Growth Ahead
Washington, DC, March 22, 2012 -- The Conference Board's index of leading economic indicators grew 0.7% in February, led by improving jobless claims.
Resource Commercial Network Changes Name
Stone Mountain, GA, March 22, 2012 -- Resource Commercial Flooring Network said it is changing its name to Fuse Alliance.
Jobless Claims at Four-Year Low
Washington, DC, March 22, 2012 -- New applications for unemployment benefits last week set a new four-year low, according to the Labor Department.
Sherwin-Williams To Supply Apartment Manager
Cleveland, OH, March 22, 2012 -- Sherwin-Williams Co. said it has entered into a multiyear paint and flooring supply partnership with Riverstone Residential Group, a major third-party manager of apartment properties.