Adams Promoted to CEO of Avalon Carpet
Cherry Hill, N.J., April 4, 2008-- Maryanne Adams has been named president and CEO of Avalon Carpet Tile and Flooring.
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.
Flexco Signs Oklahoma Distributor
Tuscumbia, AL, April 7, 2008--Flexco has signed full product-line distributor General Distributors.
Economy Loses 80,000 Jobs in March
Washington, DC, April 4, 2008-- Employers slashed 80,000 jobs in March, the most in five years and the third straight month of losses, according to the Labor Department.
Meritage Homes' Revenue Down from 2007
Scottsdale, AZ, April 4, 2008—Meritage Homes reported estimated net sales of $420 million on 1,630 homes ordered, and closing revenue of $370 million on 1,320 homes after a cancellation rate of 27 percent.
Home Depot Settles Shareholder Suit
Atlanta, GA, April 4, 2008--Home Depot has agreed to pay $14.5 million in a settlement with shareholders who sued the company over former CEO Bob Nardelli's $210 million severance package, according to a filing with the Securities and Exchange Commission.
USGBC Says Studies Validate Green Performance
Washington, DC, April 3, 2008—Recent studies by the New Buildings Institute (NBI) and CoStar Group, have validated that third party certified buildings outperform their conventional counterparts.
Feltex Closing New Zealand Plant Today
Feilding, New Zealand, April 4, 2008--Workers in one of New Zealand's largest carpet factories are clocking out for the last time on Friday.
Empire Today Launches Customer Blog
Northlake, IL, April 4, 2008 -- Empire Today has launched its customer testimonial blog: Empire Flooring Stories.
Brintons Closing Australian Carpet Plant
London, England, April 4, 2008—Carpet manufacturer Brintons said it will close its Breakwater, Australia plant in June.
Shaw Debuts In-Store Kiosk for Credit Applications
Dalton, GA, April 3, 2008-- Shaw Industries and Versatile Systems Inc. have partnered with CitiFinancial to streamline the credit application process for flooring retailers and consumers with an in-store kiosk.