Pier 1 4Q Earnings Off
Fort Worth, TX, April 12, 2007--Pier 1 Imports said its fiscal fourth-quarter loss widened on lower revenue and various charges.
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.
World Market Center Adds to Team
Las Vegas, NV, April 12, 2007--World Market Center has put three new team members in place as it readies for its Summer 2007 Las Vegas Market, which will be the largest in its history.
Report: Freudenberg Wants Buyer for Floor Unit
Frankfurt, Germany, April 12, 2007--According to Frankfurter Allgemeine, a spokesman from Freudenberg has confirmed that the German conglomerate is looking for a buyer for its floor coverings division.
Beaulieu of Australia Hires Axed Carpet Workers
Manawatu, New Zealand, April 12, 2007--Skilled but unwanted Manawatu carpet workers are being scooped up by Beaulieu of Australia - and more local workers may face the axe in coming days.
SelecTech Flooring Named StarNet Preferred Vendor
Avon, MA, April 12, 2007--SelecTech Flooring has been named a preferred vendor for the StarNet Commercial Flooring Cooperative of independent floorcovering contractors.
U.K.'s Carpetright Sales Drop
London, England, April 12, 2007--Britain's biggest carpet retailer Carpetright Plc said trading in the last ten weeks had been more difficult than expected, sending its shares down by 6.2 percent on Thursday.
NAR: Home Values to Drop for 1st Time This Year
Washington, DC, April 12, 2007--The National Association of Realtors said its index of home values is set to drop in 2007 for the first time in nearly 40 years of records.
RFMS and Pro%Cent Merge, Offer Commercial Package
Tuscaloosa, AL, April 11, 2007--RFMS said today that it has added a complete software solution for the commercial flooring business segment with the recent merger of Pro%Cent.
Shopping Center Vacancies Rises
New York, NY, April 11, 2007--The vacancy rate at local shopping centers rose to the highest level since 2004.
CMI Intros Indoor/Outdoor Braided Rugs
Pawtucket, RI, April 11, 2007--As consumers expand their decorating styles outside their homes, cmi (Colonial Mills, Inc.) introduces the indoor/outdoor sunbraid collection.