Home Centers To Gain as Competitors Go Under
New York, NY, Oct. 15, 2008--Home Depot Inc. and Lowe's Cos. may increase sales as retailers in the home-improvement industry consolidate or close.
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.
Wholesale Prices Fall in September
Washington, DC, Oct. 15, 2008--Wholesale prices for finished goods fell in September on lower fuel costs, in their second consecutive month-over-month decline.
Tacony, Oreck Vacuums Get CRI Gold Approval
Dalton, GA, Oct. 16, 2008--A total of 26 new vacuum cleaners have earned the Carpet and Rug Institute's designation as Green Label/Seal of Approval vacuum cleaners.
USFloors Set To Open First U.S. Bamboo, Cork Plant
Dalton, GA, Oct. 15, 2008--With the year-end opening of its cork and bamboo flooring manufacturing facility in Dalton, USFloors said it will be the only manufacturer of cork and bamboo flooring in the U.S.
Invista Restructuring Delaware Nylon Plant
Seaford, DE, Oct. 15, 2008--Invista says it plans to lay off 400 of the 500 workers at its nylon plant in Seaford by the middle of next year.
U.S. Says It Will Enforce Lacey Act Amendments
Washington, DC, Oct. 15, 2008--U.S. government agencies held the first public meeting to present the government's commitment to enforce a new law amending the U.S. Lacey Act to prohibit trade in products that contain illegally logged wood.
Mortgage Applications Rise on Refinancing
Washington, DC, Oct. 15, 2008--Mortgage applications filed last week increased 5.1 percent compared with the week before, reflecting an increase in refinancing activity, the Mortgage Bankers Association reported on Wednesday.
Measure of Consumer Confidence Falls in October
New York, NY, Oct. 15, 2008--One measure of U.S. consumer confidence fell in October from an 11-month high in September, as the financial market turmoil stoked worries about the economy, according to a new survey.
Linens 'n Things Plans To Liquidate Stores
Clifton, NJ, Oct. 15, 2008--Home furnishings retailer Linens 'n Things, which filed for bankruptcy protection in May, canceled its auction and plans to begin liquidation sales at its stores as soon as tomorrow.
Starnet's Newest Member Is Carpet Weaver's
Darien, CT, Oct. 15, 2008-- – Starnet Worldwide Commercial Flooring Partnership said that Carpet Weaver's, Inc., headquartered in Bloomington, Ill., is its newest member.