Pillowtex Gets Waiver From Lenders
New York, NY, March 31 -- Home textile maker Pillowtex Corp. on Friday said its term loan lenders have waived some requirements for the current first quarter.
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.
Congoleum Bondholders Approve Indenture Amendments
Mercerville, NJ, March 30 -- Congoleum Corporation announced that Congoleum and the trustee for Congoleum's 8-5/8% senior notes due 2008 have adopted certain amendments to the indenture governing the notes.
Consumer Sentiment Drops For 3rd Straight Month
New York, Mar.28-- The University of Michigan's final March index of consumer sentiment fell for a third straight month to 77.6, its lowest since September 1993, from 79.9 in February.
EPA Studies Possible Teflon Risk
Washington, DC, Apr. 15--The Environmental Protection Agency has launched an investigation to decide if an unregulated chemical used in furniture, carpet and Teflon is a health risk to the public.
Manufacturing Spending Falls
New York, NY, Apr. 2--Manufacturing activity shrank in March for the first time in five months, suggesting that worries about a war in Iraq were holding the economy back.
U.S. Retail Sales View Slashed Due To War, Oil
New York, NY, April 1 -- U.S. retail sales will rise this year at their slowest pace in at least a decade -- a far slower pace than originally expected -- because the war in Iraq and high oil prices are crimping consumer and business spending, a trade gro
Shaw Buys Georgia Tufters
Dalton, GA, Apr. 25--Shaw Industries has acquired Georgia Tufters, a Calhoun, Georgia based, producer of tufted bathroom and scatter rugs. With sales of $40 million last year, Georgia Tufters was ranked 64th on Floor Focus’ list of the Top 100 floorcoveri
Interface Reports First Quarter 2003 Results
Atlanta, Georgia, April 24--Interface, Inc., a worldwide commercial interiors products and services company, today announced results for the first quarter ended March 30, 2003.
Home Depot’s Sales Up In ‘02
Atlanta, April 22—Home Depot’s fiscal year 2002 net sales rose 8.8% over 2001 to $58.2 billion from $53.6 billion. This increase was attributable to the 203 new stores opened during fiscal 2002 and full year sales from the 204 new stores opened during fis
Leading Economic Indicators Drop
New York, NY, April 21--A key indicator of future U.S. economic activity fell 0.2 percent in March, the Conference Board said Monday. The Index of Leading Economic Indicators measures where the overall U.S. economy is headed in the next three to six month