Oil Prices Rise But Further Decreases Likely
New York, NY, July 9, 2009--Oil prices rebounded to above $61 on Thursday, recouping some losses after tumbling 17 percent since last week.
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.
CCA Global Partners Selling Rug Decor Division
St. Louis, MO, July 7, 2009--CCA Global Partners has entered into a definitive agreement to sell its Rug Decor division to a group led by three of its current Rug Decor franchisees.
Mohawk Combines Retail Rewards Programs
Dalton, GA, July 7, 2009-—Wear-Dated’s rewards program for retail sales associates, “Rewards for Life,” has become part of Mohawk Infinite Rewards, as of July 1.
Shaw Sponsoring Environments for Living Program
Dalton, GA, July 8, 2009--Shaw Industries said it has become a sponsor of Masco Home Services, Inc.’s Environments For Living program.
Teragren Settles Patent Suit Against Smith & Fong
Bainbridge Island, WA, July 8, 2009--Bamboo flooring firm Teragren Fine said it has settled the lawsuit that alleged Smith & Fong Company infringed upon a Teragren patent.
NFIB Proposes Small Business Job Creation Fund
Washington, DC, July 8, 2009--The National Federation of Independent Business Research Foundation is recommending the formation of a Small Business Job Creation Fund to improve small business access.
Apartment Vacancy Rate at 22-Year High
New York, NY, July 8, 2009--The apartment vacancy rate in the U.S. reached a 22-year high in the second quarter as rising unemployment reduced demand during what is usually the peak leasing season.
Ng Rejoins Safavieh in New Position
Port Washington, NY, July 7, 2009--Paul Ng has rejoined Safavieh as sales manager for Internet rug retailers, a new position at the company.
Oil Prices Fall for Sixth Straight Day
New York, NY, July 8, 2009--Oil prices fell closer to the $62 mark Wednesday reflecting growing concerns over a slower-than-expected recovery in the global economy.
L&M Concrete Products Pass VOC Lab Tests
Omaha, NE, July 7, 2009--Four concrete floor products from L&M Construction Chemicals have passed laboratory tests for VOCs.