Dixie Authorizes $10M Stock Repurchase Program
Chattanooga, TN, August 8, 2007--The Dixie Group plans to repurchase up to $10 million of the company’s outstanding common Stock.
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.
Home Depot May Lower Price of HD Supply
Atlanta, GA, August 9, 2007--Home Depot said it may change the terms and financing of its agreement for the sale of its supply unit, which could result in a drop in the $10.33 billion sale price.
Jobless Claims Up 7,000 Last Week
Washington, DC, August 9, 2007—Applications for initial jobless claims rose 7,000 to a seasonally adjusted 316,000 for the week ended July 30, according to the Labor Department.
Union Park in LEED Neighborhood Program
Las Vegas, NC, August 9, 2007--Las Vegas Mayor Oscar B. Goodman and Steve Rypka, member, board of directors, USGBC announced the acceptance of Union Park into the LEED for Neighborhood Development pilot program
Floor & Décor Opens on West Coast
Kennesaw, GA, August 9, 2007--Floor & Decor Outlets of America, has announced its expansion to the West Coast with the opening of its newest store in Norco, Calif.
Cambridge Intros Mystic Modular
Adairsville, GA, August 9, 2007--Cambridge Commercial Carpets has rolled out Mystic, a modular carpet tile that simplifies color coordination and has environmental benefits.
World Market Center Reports Brisk Traffic
Las Vegas, NV, August 9, 2007--The Summer Las Vegas Market opened to big crowds and featured thousands of new product introductions across all categories of home furnishings.
Fed Maintains Rates, Says Inflation Main Concern
Washington, DC, August 7, 2007--The Fed held interest rates steady and said that while tightening credit conditions had increased downside risks facing the economy, inflation was still its main concern.
Shaw Hospitality Names Two Regional VPs
Dalton, GA, August 7, 2007-- Shaw Hospitality Group has named Annette Lievers and Ben Reams as regional vice presidents for the West and Midwest regions, respectively.
NAR Trims Housing Sales Forecast, Again
Washington, DC, August 8, 2007--The pace of home sales will fall further in 2007 than earlier expected but prices will drop less sharply than previously thought, according to the latest forecast by the National Association of Realtors.