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.
Cincinnati, OH, July 6, 2006--Federated Department Stores today reported total sales of $2.367 billion for the five weeks ended July 1, 2006, an increase of 64.8 percent compared to total sales of $1.436 billion in the same period last year.
South Geelong, July 5, 2006-- Australian rival Godfrey Hirst may yet come to Feltex's rescue if the struggling carpet-maker is honest about its prospects, according to a source close to the Australian company.
Washington, DC, July 5, 2006--Orders for factory goods rose 0.7% in May, the Commerce Department estimated Wednesday.
Washington, DC, July 3, 2006—Construction spending were off 0.4% in May, the biggest decline since September 2004, according to the Commerce Department estimated Monday.
Wellington, New Zealand, June 30, 2006--Feltex's board is under fire for keeping shareholders in the dark as they await news on a potential lifeline for the troubled carpet maker that is likely to dilute their stakes.
Sugar Valley, June 28, 2006--Mohawk Select’s Summer introductions promise to help dealers move even more rugs out of their stores.
Viken, Sweden, June 28, 2006--The European Patent Office has granted a patent protecting so-called "Small Strips" to Välinge Innovation.
Washington, DC, June 27, 2006--One out of three Americans worries that rising monthly payments--especially property taxes and energy costs--will force them to sell their home and buy a less expensive one.
Brookneal, VA, June 27, 2006--Brookneal’s second largest employer, Tarkett Wood Inc., is shutting its doors at the end of August, leaving 50 people without work.
Grand Rapids, MI, June 26, 2006--Steelcase said Monday its first-quarter profit more than doubled on higher sales and lower restructuring costs.