Chicago In-Home Retailer Luna Expands
Bellwood, IL, August 20, 2007--Luna, the in-home carpet seller with the familiar TV jingle, will branch out into brick and mortar retail stores this fall.
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.
Interface to Redeem 7.3% Senior Notes
Atlanta, GA, August 16, 2007--Interface Inc. said it will redeem all of its outstanding 7.3% senior notes.
Best Tile Gets Boston Showroom
Ludlow, MA, August 16, 2007--Best Tile Distributors of New England now has its name on a showroom at the Boston Design Center..
Consumer Sentiment Drops in August
New York, NY, August 17, 2007--The consumer sentiment index, according to Reuters and University of Michigan preliminary reading in August, declined 7.1 points to 83.3.
Fed Cuts Discount Rate to 5.75%
Washington, DC, August 17, 2007--The Fed, in an unscheduled announcement, cut its discount rate and said it's prepared to take further actions to ``mitigate'' damage to the economy from the rout in global credit markets.
Voting Opened for “Your Better World” Award
Mannington is seeking votes for women who make a difference.
Dondero Steps Down at World Market Center
Las Vegas, NV, August 17, 2007--Officials with World Market Center said that Harvey Dondero will step down as chief executive officer of the company.
Nordstrom 2Q Earnings Up More Than Expected
Seattle, WA, August 17, 2007--Nordstrom reported a slim fiscal second-quarter profit increase as expenses related to the company's credit card business cut into solid sales.
Beazer Homes Affirms 3Q Results
Atlanta, GA, August 17, 2007-- Beazer Homes on Thursday reaffirmed its third-quarter results with the release of unaudited financial statements.
Solutia Settles Claims with Monsanto
New York, NY, August 17, 2007—Solutia, according to reports, has settled claims with former parent Monsanto, bondholders and shareholders bringing the company closer to emerging from court protection.