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, Aug. 7, 2008--Retailers reported that July sales showed an increasing shift toward buying necessities like food and household supplies at discounters and away from discretionary splurges.
Tehran, Iran, Aug. 7, 2008--Iran's handwoven carpet exports increased by five percent during March 20-June 20 period compared to last year, according to the Joint Stock Carpet Co.
Dalton, GA, Aug. 5, 2008--TI Acquisition LLC, a manufacturer of carpeting and textiles operating as Thomas Industries LLC, among other names, has sought bankruptcy protection from creditors and wants to sell its assets to Milliken & Co.
Toano, VA, Aug. 6, 2008--Lumber Liquidators, Inc. reported that net income more than doubled in the second quarter.
Washington, DC, Aug. 5, 2008--The Federal Reserve decided Tuesday not to raise a key interest rate, indicating its deeper concern about a weak economy than rising inflation.
Lancaster, PA, Aug. 6, 2008--Armstrong World Industries recently promoted Kent Clauson to general manager of marketing for both the commercial and residential businesses.
Gandino, Bergamo, Italy, Aug. 7, 2008 - RadiciGroup has a new website about its RadiciGroup Fibres business, radicigroup.com/fibres.
Moncure, NC, Aug. 6, 2008--The relocation of Pfleiderer's Uniboard HDF production from La Baie in Canada to Moncure will streamline laminate production and cut costs.
Bloomfield Hills, MI, Aug. 6, 2008--Pulte Homes Inc. says it will match a new $7,500 tax credit for first-time home buyers with its own $7,500 discount on homes.
New York, NY, Aug. 5, 2008--The Carpet Export Promotion Council of India (CEPC) has launched a full scale marketing campaign in the U.S. to help create awareness and appreciation of the value and quality of rugs from India.