Existing Home Sales Increase in March
Washington, DC, April 20, 2011 -- Resales of single-family homes and condos rose 3.7% in March to a seasonally adjusted annual rate of 5.1 million, the National Association of Realtors said Wednesday.
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.
Chain Store Sales Up 3% Over 2010
New York, NY, April 20, 2011 -- Chain-store sales in the U.S. last week rose 3% over last year, the International Council of Shopping Centers reported.
Tarkett Establishing Distribution Firm in Shanghai
Paris, France, April 20, 2011 -- Tarkett said it is accelerating its development in China through the creation of a joint venture in Hong Kong with 70% ownership.
Carpet Recyclers Hits 100M Pound Mark
Fullerton, CA, April 20, 2011 -- The Carpet Recyclers of La Mirada, Calif. have collected and recycled 100 million pounds of post-consumer carpet since beginning operations in 2009, the company said in a press release.
Armstrong Beginning Retail Push in India
Lancaster, PA, April 20, 2011 -- Armstrong World Industries Inc. said it is opening its first retail outlet in India near Mumbai.
Mohawk, Harvey Norman Stage 'Sing-Off'
Dalton, GA, April 20, 2011 -- A lighthearted wager over singing skills between Mohawk and Harvey Norman Flooring of Australia resulted in a fundraiser for the United Way of Northwest Georgia.
Mortgage Application Volume Surges
Washington, DC, April 20, 2011 -- Mortgage application volume rose for the first time in a month last week, according to the Mortgage Bankers Association.
Oshkosh Designs President Acquires Firm
Winneconne, WI, April 20, 2011 -- Decorative flooring firm Oshkosh Designs said that Brenda Kubasta, current president, has acquired the brand and all of its assets effective April 14.
Pergo Says It Won Dispute With Valinge
Baar, Switzerland, April 19, 2011 -- Pergo said it has won a battle with Valinge over a Settlement and Cooperation Agreement.
Armstrong Downsizing at Corporate Campus
Lancaster, PA, April 19, 2011 -- Armstrong is planning more job cuts at its corporate campus, according to Lancaster Online.