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.
Thomasville, NC, May 3, 2006--Thomasville Furniture Industries Inc., said yesterday that it is shutting down its last manufacturing plant in the company’s hometown, cutting 278 jobs by the end of July.
Beverly Hills, CA, May 2, 2006--A new line of Cosmopolitan shag rugs has been introduced by Natural Area Rug.
New York, NY, May 2, 2006--Retail chain stores sales rebounded last week, an industry group reported Tuesday.
Red Bank, NJ, May 2, 2006--Home builder Hovnanian Enterprises Inc., slashed its second-quarter and full-year outlook on Monday, citing slowing sales, production delays and increased use of concessions and incentives.
Dalton, GA, May 2, 2006—A total of seven new cleaning solutions have earned a designation as CRI Seal of Approval certified products after passing a series of stringent tests performed by an independent laboratory.
Chicago, IL, May 2, 2006--Employers in April, for the fourth consecutive month, planned fewer job cuts than in the preceding 4-week period.
Memphis, TN, May 2, 2006--According to the Memphis Business Journal, Memphis Hardwood Flooring Company Inc., recently laid off 112 of its 450 employees.
New York, NY, May 2, 2006--Pier 1 Imports Inc., shares slumped on Monday, weighed by a bearish note from Lehman Brothers saying sharply higher energy prices would pressure the retailer's budget-minded customers.
Hoffman Estates, IL, May 2, 2006--Sears Holdings Corp., denied that shareholders Scotia Capital and Bank of Nova Scotia, which backed its plan to completely acquire Sears Canada, were acting on its behalf.
Chicago, IL, May 2, 2006--Leading building materials manufacturer USG Corporation has joined the Alliance for Sustainable Built Environments.