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.
New York, NY, Sept. 22, 2009--High unemployment keeps increasing the rate of mortgage delinquencies, which could in turn drive more personal bankruptcies and home foreclosures, the Equifax Inc credit bureau said Monday.
Des Moines, IA, Sept. 22, 2009--AreaRugs.com has new ownership, having been bought by a group of investors for $405,000 for just the domain.
New York, NY, Sept. 22, 2009--The ICSC-Goldman Sachs chain store sales index for the week ending Sept. 19 fell 2 percent from the prior week, but increased by 0.6 percent from the same week of last year.
Washington, DC, September 22, 2009--The National Association of Home Builders hosted a Residential Real Estate Appraisal Summit on Monday with federal regulatory agencies.
Mooresville NC, Sept. 22, 2009--Lowe's reaffirmed its fiscal 2009 profit and sales outlook, but the home improvement retailer warned it may need to write off up to $100 million during the second half of the year.
Dalton, GA, Sept. 22, 2009--Carpet and Rug Institute President Werner Braun has been selected as one of five founding members of the International Executive Housekeepers Association Science Advisory Board.
Bertrange, Luxembourg, Sept. 22, 2009-- Flooring Industries signed a world-wide license agreement with Sichuan Shengda Forestry Industrial Company for the use of Unilin’s glueless locking technology.
Miami, FL, Sept. 21, 2009--Homebuilder Lennar Corp. said Monday that its fiscal third-quarter net loss widened to $171.6 million, or $0.97 a share, from $89 million, or $0.56 a share, a year earlier.
Dalton, GA, Sept. 21, 2009--FloorTek gets underway Tuesday here, but exhibitors are down about 20 percent thanks to a questionable economy.
New York, NY, Sept. 21, 2009--Crude-oil futures fell Monday to under $70 a barrel for the first time in a week, as a stronger dollar weighed on commodities prices and as concerns about weak demand continued to dampen trading sentiment.