Lowe's Second Quarter Earnings Decline
Mooresville, NC, Aug. 18, 2008--Lowe's said its second-quarter profit fell 7.9 percent from a year ago, but still topped Wall Street expectations.
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.
AFA To Host Pavilion at Domotex in January
Hannover, Germany, Aug. 18, 2008--The American Floorcovering Alliance will host a group pavilion for AFA members and non-members at Domotex 2009 Jan. 17-20 in Hannover.
Invista Sues DuPont, Rhodia Over Trade Secrets
New York, NY, Aug. 18, 2008--Invista has sued E.I. DuPont de Nemours & Co. and France's Rhodia SA, claiming they're trying to steal Invista's proprietary technology for the production of a chemical used in the manufacture of nylon.
UK's Largest Wood Retailer Gets New Owner
Birmingham, England, Aug. 18, 2008--A buyer emerged for struggling flooring firm Floors-2-Go when Robert and Richard Hodges, part of the Hodges flooring and carpeting dynasty, acquired the company from Kroll for an undisclosed sum..
Azrock Names Top Starnet Sales Performers
Houston, TX, August 15, 2008 – Azrock by Tarkett announced today the recipients of the 2007 StarNet Top Performance Award.
Masland Adds Second Tile Machine in Alabama Plant
Atmore, AL, Aug. 15, 2008--The strong commercial market for carpet tiles has led Masland Carpets and Rugs to add a second machine to its Atmore plant.
Mohawk Raising Ceramic, Laminate Prices
Dalton, GA, Aug. 14, 2008—Mohawk Industries will raise prices on ceramic and laminate products, effective Sept. 8.
Consumer Confidence Rises but Less Than Expected
Ann Arbor, MI, Aug. 15, 2008--Consumer confidence rose for a second month in August, the first back-to-back gain in almost two years, according to the Reuters/University of Michigan survey.
NAHB Cerified Green Program Passes 1,000 Mark
Washington, DC, Aug. 14, 2008 - More than 1,000 builders, remodelers and other members of the home building industry have earned the Certified Green Professional educational designation.
New York Manufacturing Grows Unexpectedly
New York, NY, Aug. 15, 2008--Manufacturing in New York unexpectedly grew in August as the cost of raw materials fell.