Retail Trade Group Expects Sales To Fall This Year
New York, NY, Jan.27, 2009--The nation's retailers are in for a rough 2009, according to a sales forecast released Tuesday from the world's largest retail trade organization.
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.
DuPont Reports Fourth Quarter Loss on Weak Demand
Wilmington, DE, Jan. 27, 2009--DuPont Co. reported a $629 million loss for the fourth-quarter, reflecting a hefty restructuring charge, and lowered its earnings forecast for the full year due to weak industrial demand for its chemicals.
New Filtration System Can Treat Dye Wastewater
Anaheim, CA, Jan. 27, 2009--Catalyx, Inc. has developed a two-way Osmosis system for recycling carpet dyeing wastewater.
Supreme Court To Hear Mohawk Case
Washington, DC, Jan. 26, 2009--The U.S. Supreme Court on Monday agreed to consider an appeal by Mohawk Industries Inc.
Consumer Confidence Down Again in January
New York, NY, Jan. 27, 2009--Consumer confidence hit a record low in January, according to the monthly Conference Board index reported Tuesday, as worries worsened about future income.
Home Prices Continue To Fall
New York, NY, Jan. 27, 2009--Home prices in 20 U.S. cities fell 18.2 percent in November from 2007, the fastest drop on record, as foreclosures climbed and sales sank.
RD Weis Specialist Gets LEED Certification
Port Chester, NY, Jan 27, 2009--Commercial contractor RD Weis Companies said that Sheri Gorman, senior A&D specialist for the metro New York area, has been awarded her LEED AP.
Weyerhaeuser Closing Two Washington Plants
Federal Way, WA, Jan. 27, 2009--Forest products supplier Weyerhaeuser Co. will immediately close two mills in southwestern Washington due to weak market conditions, the company announced Monday.
Rohm & Haas, Dow Merger OK'd but Likely Delayed
Philadelphia, PA, Jan. 26, 2009--Rohm and Haas Co. said Dow Chemical Co. doesn’t intend to close its $15.4 billion acquisition by tomorrow as required by their merger agreement.
Home Depot Eliminating Expo Business
Atlanta, GA, Jan 26, 2009--Home Depot Inc. said Monday that it is abandoning its Expo design and décor business, closing stores and laying off thousands of employees.