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.
Dalton, GA, July 23, 2008--In an environment of high energy and transportation costs and a slow housing market, Mohawk Industries CEO Jeffrey Lorberbaum said its commercial products and the rug business continue to outperform hard surfaces.
Washington, D.C., July 22, 2008 --Confidence among large manufacturers eroded in the second quarter of 2008, according to a survey conducted jointly by the National Association of Manufacturers (NAM) and Industry Week magazine.
Washington, D.C., July 23, 2008 — Mortgage application volume fell 6.2 percent last week, according to the Mortgage Bankers Association weekly survey.
Birmingham, England, July 23, 2008--Administrators of laminate flooring chain Floors-2-Go were looking for a buyer for the firm after it became a victim of the struggling housing market.
Danbury, CT, July 23, 2008--Furniture retailer Ethan Allen Interiors reported a 46 percent decline in quarterly profit on Wednesday.
Washington, DC, July 22, 2008--U.S. home prices fell a record 4.8 percent in May from the same month last year, according to the Office of Federal Housing Enterprise Oversight.
Kennesaw, GA, July 22, 2008 – Tracy Cook has been named director of brand strategy for The Mohawk Group.
Temple, TX, Jul 21, 2008--Rajesh Ramamurthy has been promoted to a newly created position, director of Wilsonart sustainability.
Mooresville, NC, July 21, 2008-- Lowe’s Cos. Inc. said it will open three more stores in Canada by the end of February in Belleville, Whitby and South Windsor, Ontario.
New York, NY, July 22, 2008--Chain-store sales for the week ended July 19 rose 2.5 percent, their biggest gain since Dec. 22, from the year-ago period, according to the International Council of Shopping Centers and UBS Securities.