Pergo Names Eisermann CEO in Realignment
Baar, Switzerland, Aug. 30, 2010--Pergo announced that Ralf Eisermann will assume the role of president and CEO of Pergo, LLC, taking over for George Kelley as part of a realignment of its operations.
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.
Consumer Spending Outpaces Saving in July
Washington, DC, Aug. 30, 2010--Personal savings were down in July as consumer spending outpaced income growth, the Commerce Department reported Monday.
WONZ Forms Premier Partner Advisory Council
Marietta, GA, Aug. 30, 2010--Wools of New Zealand has recruited seven of the industry’s leading upscale retailers to form its Premier Partner Advisory Council.
First Time Home Buyers Retreating from Market
New York, NY, Aug. 30, 2010--First-time home buyers accounted for only 39% of home purchases in July, down from 48% in March.
Deficit Reduction Lower Priority for Economists
Washington, DC, Aug. 30, 2010--Business economists see more benefit in policies to promote economic growth than in policies to shrink the deficit.
Consumer Sentiment Up From July
Ann Arbor, MI, Aug. 27, 2010--U.S. consumer sentiment in late August improved from late July, according to Thomson Reuters/University of Michigan's Surveys of Consumers.
Carpet Designers To Be Honored at Domotex
Hannover. Germany, Aug. 27, 2010-- Top designers of handmade carpets will be honored at Domotex Hannover, world's leading trade fair for the flooring sector, next Jan. 15-18.
Commercial Real Estate Market Offering Incentives
Washington, DC, Aug. 26, 2010 -- Commercial real estate sectors, hurt by weak job growth, are offering incentives in many areas that are conducive to business expansion, according to the National Association of Realtors.
Economic Growth in Second Quarter Revised Down
Washington, DC, Aug. 27, 2010-- Economic slowed to 1.6% in the second quarter, the Commerce Department said Friday, and the downward revision was less than expected.
Lees Carpet, POWERleap on Display at Teen Choice
Marietta, GA, Aug. 27, 2010--POWERleap, a firm that has technology to generate electricity from foot traffic, showed off its technology at the Teen Choice Awards.