Shaw's Spring is Green Promotion Starts April 16
Dalton, GA, March 2, 2010-Shaw's annual Spring is Green promotion is focused on budget-friendly and eco-friendly flooring.
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.
Fewer Home Sellers Cut Asking Price
New York, NY, March 3, 2010--Fewer U.S. home sellers cut their asking price in February and those who did made slightly smaller reductions, according to real estate website Zillow.com.
Dow Selling Plastics Unit to PE Firm Bain Capital
Midland, MI, March 2, 2010--Dow Chemical Co. said it would sell its Styron plastics unit to private equity firm Bain Capital Partners for $1.63 billion.
NAHB Survey Shows Support for Fed Housing Help
Washington, DC, March 2, 2010--Americans remain strongly committed to federal support for home buyers, according to a National Association of Home Builders survey.
Economic Reports Still Trending Positive
Washington, DC, March 2, 2010--Last week's economic reports were mixed, with five of nine indicators decreasing, according to the National Association of Manufacturers.
Alliance Flooring Groups Name Retailers of Year
Chattanooga, TN, March 2, 2010--CarpetsPlus Color Tile and Carpetland USA Color Tile named their Retailers of the Year at their recent convention.
Commercial Carpets of America Gets Private Equity
McClean, VA, March 2, 2010--Commercial Carpets of America has been recapitalized by Eureka Growth Capital and Shore Points Capital.
Chain Store Sales Up Over Last Year
New York, NY, March 2, 2010--Chain-store sales for the week ended Feb. 27 rose 0.7% from the year-earlier period, according to the International Council of Shopping Centers and Goldman Sachs.
Shaw's Earnings, Revenues Slide in 2009
Omaha, NE, March 1, 2010--Shaw Industries reported net revenue of $4.01 billion in 2009, down 21 percent from the previous year's revenues of $5.05 billion.
Armstrong Adjusted Net Income Rises in 4Q
Lancaster, PA, March 1, 2010--Armstrong World Industries reported fourth quarter net sales of $653.0 million, down 8 percent, from $708.4 million in the same period for 2008.