UK's Largest Wood, Laminate Seller Seeks Buyer
Birmingham, England, July 23, 2008--Administrators of laminate flooring chain Floors-2-Go were looking for a buyer for the firm after it became a victim of the struggling housing market.
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.
Ethan Allen Earnings Fall 46 Percent
Danbury, CT, July 23, 2008--Furniture retailer Ethan Allen Interiors reported a 46 percent decline in quarterly profit on Wednesday.
Home Prices Fall Nearly Five Percent From Year Ago
Washington, DC, July 22, 2008--U.S. home prices fell a record 4.8 percent in May from the same month last year, according to the Office of Federal Housing Enterprise Oversight.
Mohawk Group Names Director of Brand Strategy
Kennesaw, GA, July 22, 2008 – Tracy Cook has been named director of brand strategy for The Mohawk Group.
Wilsonart Names Director of Sustainability
Temple, TX, Jul 21, 2008--Rajesh Ramamurthy has been promoted to a newly created position, director of Wilsonart sustainability.
Lowe's To Open Three Stores in Ontario
Mooresville, NC, July 21, 2008-- Lowe’s Cos. Inc. said it will open three more stores in Canada by the end of February in Belleville, Whitby and South Windsor, Ontario.
Chain Store Sales on The Rise
New York, NY, July 22, 2008--Chain-store sales for the week ended July 19 rose 2.5 percent, their biggest gain since Dec. 22, from the year-ago period, according to the International Council of Shopping Centers and UBS Securities.
Shaw Hospitality Partners With Designer Adams
Dalton, GA, July 21, 2008--Shaw Hospitality Group is partnering with contemporary designer Angela Adams.
Mohawk Q2 Earnings Fall 23 Percent from 2007
Calhoun, GA, July 21, 2008-- Mohawk Industries Inc. reported second quarter net earnings of $89 million and diluted earnings per share of $1.29.
DuPont Earnings Higher Than Expected
Wilmington, DE, July 22, 2008--DuPont posted higher-than-expected quarterly earnings due to strong demand for its corn and soybean seeds.