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.
Boston, MA, March 26--Honeywell International Ltd.'s earnings targets for this year could be at risk because of a steeper-than-expected downturn in the business jet market, higher raw material costs and a weakening housing market, according to Wall St
Washington, Mar. 26--Sales of new, single-family homes unexpectedly dropped again in February, adding to data suggesting that the once red-hot housing market is cooling down.
SCOTTSDALE, Ariz., March 24, 2003 -- InterfaceFLOR, Inc., a subsidiary of Interface, is using Grokker Enterprise to facilitate online shopping with an easy-to-use, intuitive e-commerce Web site.
Philadelphia, PA, Mar. 21--The U.S. General Services Administration (GSA) has presented the GSA Evergreen Award to Mohawk Industries of Kennesaw, Georgia.
New York, NY, Mar. 21--Concerns that the U.S. housing market is losing momentum run contrary to signs that show strength in the sector, according to Robert Tillman, chairman of Lowe's Companies.
Washington, D.C., March 26--Orders to U.S. factories for big-ticket goods fell by 1.2 percent in February, the biggest decline in three months, a fresh sign of the struggles facing the nation's battered manufacturing sector.
London, Mar. 25--Gaskell PLC widened its full-year pretax loss to 9 million pounds sterling from 6.55 million and said it has achieved substantial progress in the restructuring of the group.
Trelleborg, Sweden, March 24—The Pergo Board of Directors for its upcoming Annual General Meeting, has made a number of proposals.
Troy, MI, Mar. 24--Kmart Corp. reported a loss of $3.22 billion for last fiscal year, hit by massive restructuring and store-closing costs in the aftermath of its bankruptcy filing.
Washington, Mar. 25--Sales of existing single-family homes declined last month from a record pace in January, but were still at the fourth highest pace since record keeping began in 1968, according to the National Association of Realtors.