Rugs Direct Announces Vendor Awards
Winchester, VA, August 6, 2007-- Rugs Direct has announced the winners of its 2007 vendor awards at the recent AmericasMart area-rug showcase in Atlanta.
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.
South Dakota Furniture Retailer Buys Carpet Store
Sioux Falls, SD, August 6, 2007--Montgomery's Furniture has purchased Abbey Carpet with plans to reopen the store under the Montgomery's umbrella.
Cerberus Picks Nardelli to Head Chrysler
Detroit, MI, August 6, 2007--Former Home Depot boss Bob Nardelli has been named to head the No. 3 U.S. automaker in its effort to return to financial health.
Q.E.P. Postpones Annual Meeting
Boca Raton, FL, August 2, 2007--Q.E.P. Co. will postpone its 2007 Annual Meeting of Stockholders until Friday, August 24 because of a change in the slate of nominated directors.
Q.E.P. Settles $2.3 M of Its Put Warrant Liability
Boco Raton, FL, August 2, 2007--Q.E.P. Cosaid it had reached an agreement with The HillStreet Fund L.P. to settle and terminate the outstanding warrants issued to HillStreet.
Service Sector Growth Slows
Tempe, AZ, August 3, 2007--Business activity in the non-manufacturing sector increased at a slower rate in July 2007, say the nation's purchasing and supply executives in the latest Non-Manufacturing ISM Report On Business.
FieldTurf Patents Upheld in U.S. Federal Court
Montreal, Quebec, August 2, 2007--The U.S. Federal Court has sided with FieldTurf in a patent dispute with Sports Construction Group LLC over its synthetic grass.
Canada Building Permits Still Run Strong
Ottawa, Ontario, August 3, 2007--Canada's construction sector showed little sign of slowing in June with the value of building permits slipping only 0.4% from a peak in May.
Employers Added Fewer Jobs Than Expected in July
Washington, DC, August 3, 2007--Employers added 92,000 jobs to their payrolls in July, as the unemployment rate unexpectedly rose 0.1% to 4.5%.
Employers Facing Tougher Immigration Rules
Washington, DC, August 3, 2007--Employers across the country may have to fire workers with questionable Social Security numbers to avoid getting snagged in a Bush administration crackdown on illegal immigrants.