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.
New York, NY, Aug. 31, 2011 -- The Wall Street Journal is speculating that the homebuilding industry, specifically publicly traded companies, might have to consolidate to survive, if the market doesn't pick up soon.
New York, NY, Aug. 30, 2011 -- Consumer confidence fell sharply in August as expectations for business conditions, jobs and income plunged, the Conference Board reported Tuesday.
Washington, DC, Aug. 30, 2011 -– Home prices rose for a third straight month in most major U.S. cities in June, according to the Standard & Poor's/Case-Shiller home-price index.
Mooresville, NC, Aug. 30, 2011 -- Lowe's said it is restructuring its store operations and merchandising organizations.
Dalton, GA, Aug. 30, 2011 -– Beaulieu's Blissflooring.com website has won two awards recently.
Viken, Sweden, Aug. 30, 2011 -- A new locking system called Ziploc developed for thin LVT floorings will be rolled out at Välinge Expo Sept. 14-15.
Washington, DC, Aug. 29, 2011 -- Consumer spending in July increased at the fastest rate in five months.
Calhoun, GA, Aug. 29, 2011 -- Mohawk CEO Jeffrey Lorberbaum said it could take four or five years for the carpet industry to fully recover from the current downturn.
Washington, DC, Aug. 29, 2011 -- Pending home sales fell 1.3% in July, the National Association of Realtors reported Monday.
Beijing, China, Aug. 29, 2011 -- Wood flooring firm China Flooring Holdings Limited recorded revenue of approximately $109 million for the first six months of the year, an increase of 14.5% as compared with 2010.