Consumer Sentiment Falls To Five-Month Low
Ann Arbor, MI, March 11, 2011 -- Consumer sentiment fell to its lowest level in five months in early March, according to the latest consumer survey from Thomson Reuters and the University of Michigan.
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.
Beaulieu Named Sherwin-Williams Vendor of Year
Dalton, GA, March 11, 2011 -– Beaulieu said it has been named the Vendor of the Year honors in floorcovering by Sherwin-Williams for the second consecutive year.
Total Family Debt Lowest in Six Years
Washington, DC, March 11, 2011 -- U.S. family debt last year was lower than at any point in the previous six years, according to the Federal Reserve.
Armstrong Lowers Interest Expense
Lancaster, PA, March 11, 2011 -- Armstrong World Industries said it has amended its existing senior secured credit facility of November 23, 2010 in order to lower future interest expense.
Goshorn Elected President of Flooring Association
Alexandria, VA, March 11, 2011 -- Andrew Goshorn, installation service manager for Commercial Carpets of America, has been elected president of the Maryland and Northern Virginia Floor Covering Association.
UK Distributor Headlam Reports Higher Profit
London, England, March 11, 2011 -- Floorcovering products distributor Headlam Group reported a higher profit on a slight rise in revenues for 2010.
Business Inventories Up in January
Washington, DC, March 11, 2011 -- U.S. business inventories rose 0.9% in January, the Commerce Department said Friday.
Gerflor Hits Sales Milestone for Taraflex
Chicago, IL, March 11, 2011 -- Resilient flooring firm Gerflor said it had sold 1 million square feet of its Taraflex Sports Flooring worldwide as of the end of 2010.
Tarkett Income, Sales Rise in 2010
Paris, France, March 10, 2011 -- Tarkett said its net income in 2010 grew 62% to $154 million, thanks in part to lower restructuring costs and general cost controls.
Foreclosure Notices Down Sharply in February
Irvine, CA, March 10, 2011 -- Foreclosure notices declined to a 36-month low in February, according to tracking firm RealtyTrac.