Floor and Decor Expanding in California
Atlanta, GA, June 29, 2011-- Floor and Decor Outlets of America, Inc. said its plans to open a new 70,000 square foot store in Orange County, California on September 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.
Unilin Ends License With Chinese Firm
Bertrange, Luxembourg, June 29, 2011 -- Flooring Industries said it has terminated its license agreement with Chinese laminate flooring firm Changzhou Lange.
Flexco Signs New England Flooring Supply
Tuscumbia, AL, June 29, 2011 -- - Resilient flooring firm Flexco has signed distributor New England Flooring Supply.
Desso's EcoBase Backing Gets Certification
Waalwijk, The Netherlands, June 29, 2011 -- European Carpet firm Desso said it has become the first to develop eco-innovative materials and processes to recycle an entire carpet product back into carpet tiles.
Home Prices Rise in April
New York, NY, June 28, 2011 -- U.S. home prices rose for the first time in eight months with a 0.7% increase, according to the S&P/Case-Shiller home price gauge released Tuesday.
Mohawk Closing North Carolina Spinning Plant
Raleigh, NC, June 28, 2011 -- Mohawk is closing a yarn spinning plant in Laurel Hill, according to newsobserver.com.
Big Banks Reject More Mortgage Applications
Washington, DC, June 28, 2011 -- The percentage of mortgage applications rejected by the nation's largest lenders increased last year, according to the Wall Street Journal.
Consumer Confidence Declines in June
New York, NY, June 28, 2011 -- The Conference Board reported that consumer confidence in June declined to a seven-month low as job worries increased.
Chinese Wood Firm Accused of Fraud
Bejing, China, June 28, 2011 -- Muddy Waters Research, a specialist in Chinese companies, said that Sino-Forest, parent company of Chinese flooring firm Sino Maple, has been engaged in fraud.
Carpetright Sees Lower Revenue, Cuts Dividend
London, England, June 28, 2011 -- Carpetright, Europe's leading specialist carpet and floor covering retailer, said total revenue fell 5.8% in the year to end-April.