January Consumer Sentiment Off Slightly
Ann Arbor, MI, February 4--The final reading for January of the University of Michigan's consumer sentiment index slid to 95.5, from December's 97.1.
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.
Sound Seal Launches SoundEater
Agawam, MA, February 4--Sound Seal, the leader in sound control products for over 25 years, proudly introduces SoundEater acoustical floor underlayment.
Xpress 4Q Earnings More Than Double
Chattanooga, TN, February 4-- Trucking and freight company U.S. Xpress Enterprises Inc. reported earnings more than doubled in the fourth quarter on stronger freight demand and an increase in per mile rates.
Tandus Announces Management Changes
Dalton, GA, February 4--Tandus US Inc. has announced several strategic management changes designed to enhance the company's future growth. Tandus unites three specialized floor covering brands - Monterey, C&A, and Crossley.
Marshall Field's Launches New Luxury Rug Colle
Chicago, IL, February 4--Marshall Field's plans to bring a new luxury rug collection to the Oriental Rug Gallery at its State Street store in Chicago. Tapis Gallery, which opens on Feb. 9, will feature Marshall Field's most luxurious collection of
Sherwin-Williams 4Q Earnings Up 16.5%
Cleveland, OH, February 4--Paintmaker and retailer Sherwin-Williams reported earnings in the fourth quarter that increased 16.5 percent on sales increases and recent acquisitions.
Bane-Clene Celebrates 43 Years
Indianapolis, IN, February 4—-Bane-Clene is celebrating its 43rd anniversary today. On this date in 1962, Bill Bane, Jr. started a part-time office cleaning business, earning $10.00 by cleaning a local doctor's office.
Carpetright CEO Buys 76,000 Shares
Rainham, England, February 4--British carpet and flooring retailer Carpetright said its founder, chairman and chief executive Lord Harris of Peckham yesterday bought 76,000 of its shares at an average price of 11.046 stg per share.
Fed Ups Rates for 6th Time
Washington, DC, February 3--The Federal Reserve raised interest rates for a sixth straight time, extending a policy of gradually lifting borrowing costs to levels high enough to ward off inflation pressures.
Tsunami Carpet Maker Receives ADEX Award
The Sea Ranch, CA, February 3--Hansine Pedersen Goran, owner and designer of Current Carpets, was awarded today her second Platinum ADEX Award for Design Excellence.