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, Dec. 9, 2008--Chain-store sales for the week ended Dec. 6 rose 0.4% from the year-ago period, according to a survey released Tuesday by the International Council of Shopping Centers and Goldman Sachs.
Melbourne, Australia, Dec. 9, 2008--Flooring company Style Limited has named Beijing-based businessman and political consultant, John Holden, as the senior strategic adviser in China.
Dallas, TX, Dec. 9, 2008--Feizy Rugs is launching both its new and improved website, www.feizy.com, and the latest version of its Winter Home Catalog.
Spartanburg, SC, Dec. 7, 2008--Milliken & Co. said Friday it has offered voluntary retirement packages to eligible management employees, according to a story in Greenville Online.
Coral Gables, FL, Dec. 8, 2008--A national survey of the wealthiest 10% of U.S. households shows that the affluent expect to pay far more for luxury carpet than high-end carpet actually costs.
Washington, DC, Dec. 4, 2008--The percentage of U.S. mortgage holders who were behind in their payments soared to a record 6.99% of loans outstanding in the third quarter, the Mortgage Bankers Association said Friday.
Dalton, GA, Dec. 8, 2008--Shaw Industries said its Ultraloc Pattern, Teklok, EcoLogix and EcoWorx commercial product systems have all been certified under the Sustainable Carpet Standard NSF-140.
Midland, MI, Dec. 7, 2008--Dow Chemical Co. said Monday it will slash 5,000 full-time jobs -- about 11 percent of its total work force -- close 20 plants and sell several businesses to reign in costs amid the economic recession.
Waynesboro, VA, Dec. 5, 2008--More than 130 contract employees at Invista's Waynesboro plant will be laid off because of a decrease in production due to an interruption in the supply of raw materials, according to the Newsvirginian.com.
Maplewood, MN, Dec. 8, 2008--3M Co. is cutting 1,800 jobs in the fourth quarter and ordering some workers to take vacation or unpaid time off for the last two weeks of the year.