Florida Tile To Distribute ProSpec Products
Lakeland, FL, Feb. 23, 2009--Florida Tile and ProSpec have established a strategic partnership that makes Florida Tile the official distributor of the ProSpec brand.
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.
Lowe's To Test Smaller Format Store
Mooresville, NC, Feb. 23, 2009--Lowe's Cos. will test a downsized format for use in smaller markets, executives said at the company’s fourth quarter conference call.
UK Recycling Firm Advances in Contest
Manchester, England, Feb. 23, 2009--Anglo Recycling Technology Ltd. has been named “Best UK Family Business, Northern England and the Midlands Region.”
Canadian Heritage Timber Becomes Ethos Millwork
Chilliwack, BC, Canada, Feb. 23, 2009--One of the Lower Mainland's providers of sustainable wood flooring has rebranded the company.
Home Affordability Reaches Five Year High
Washington, DC, Feb. 20, 2009- Nationwide housing affordability surged at year-end to its highest level in at least five years.
Consumer Prices Unchanged Over Last 12 Months
Washington, DC, Feb. 20, 2009--U.S. consumer prices were unchanged over the past 12 months, the lowest inflation rate since 1955, the Labor Department reported Friday.
Lowe's Earnings Decline 60 Percent in Quarter
Mooresville, NC, Feb. 20, 2009--Lowe's Companies, Inc. reported net earnings of $162 million for the quarter ended Jan. 30, a 60.3 percent decline from the same period a year ago.
Leading Economic Indicators Rise Again
Washington, DC, Feb. 19, 2009--Economic weakness will continue through this year, though the intensity of the recession could ease over the next few months, the Conference Board said.
Mohawk Group Receives USGBC Recognition
Chicago, IL, Feb. 19, 2009 – The Mohawk Group’s commercial carpeting manufacturer’s Chicago showroom received its official plaque recognizing its gold certification.
Lack of Credit Affecting Commercial Real Estate
Washington, DC, Feb. 20, 2009--A sustained lack of credit and the economic slump will depress the commercial real estate market this year, according to an index by the National Association of Realtors.