Rug Retailer Moomjy Files for Bankruptcy
Paramus, NJ, Aug. 25, 2011 -- Rug and carpet retailer Einstein Moomjy has filed for bankruptcy re-organization and cut its operations as sales have plummeted, according to NorthJersey.com.
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.
Corporate Floors Recognized for Growth
Grapevine, TX, Aug. 25, 2011 -- Corporate Floors was recognized as one of the top 5,000 fastest-growing private companies in the country by Inc. Magazine, placing at number 85 in the construction industry, and number 67 in Dallas.
Topps Tiles Says Sales Plunge This Summer
London, England, Aug. 25, 2011 -- Topps Tiles reported a sharp fall in sales over the summer, blaming a weak consumer confidence for its performance.
UK's Floors-2-Go Closes 53 Stores, Others Sold
Birmingham, England, Aug. 25, 2011 -- Following the appointment of administrators, 53 Floors-2-Go stores have been closed.
Builder Toll Brothers Reports Higher Net Income
Horsham, PA, Aug. 24, 2011 -- Luxury home builder Toll Brothers reported fiscal third-quarter net income rose 54% on 13% lower revenue.
Home Prices Rise in June
Washington, DC, Aug. 24, 2011 -- U.S. home prices rose a seasonally adjusted 0.9% in June, according to the Federal Housing Finance Agency index.
Durable Goods Orders Surge in July
Washington, DC, Aug. 24, 2011 -- New durable goods orders surged in July on strong demand for transportation equipment, according to the Commerce Department.
Mortgage Application Volume Declines
Washington, DC, Aug. 24, 2011 -- Mortgage application volume in the U.S. last week fell a seasonally adjusted 2.4% from the previous week, the Mortgage Bankers Association said.
Centiva Plant Gets ISO 14001 Certification
Florence, AL, Aug. 24, 2011 -- Resilient flooring firm Centiva said its environmental management system in Florence has been certified by external auditors to meet ISO 14001 standards.
Warren Tyler Joins Floor Covering Institute
St. Louis, MO, Aug. 24, 2011 -- Warren Tyler has joined the Floor Covering Institute LLC, the international consulting group formed to serve the flooring industry.