Foreclosures May Hit 1.5 Million
New York, NY, March 12, 2007--As many as 1.5 million more Americans may lose their homes.
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.
Report: ServiceMaster Being Eyed for Two Bids
New York, NY, March 9, 2007--ServiceMaster Co., which put itself up for sale last year, is drawing interest from at least two buyout groups that may bid more than $4 billion, four people with knowledge of the discussions said.
Pergo Applies for Delisting, Sets 1Q Report Date
Trelleborg, Sweden, March 9, 2007--Pergo AB said today that its Board of Directors has decided to apply to the Stockholm Stock Exchange for the delisting of its shares, with the last trading date to be as soon as possible.
CarpetOne.com Raises the Bar
Dallas, TX, March 9, 2007--Two months after their e-commerce site went live to consumers, Carpet One Floor & Home is leading the industry, becoming the first retailer to sell installed flooring via the Internet.
Wholesale Inventories Up 0.7%
Washington, DC, March 9, 2007—Wholesale inventories bounced back in January, more than reversing a decline in December that economists thought would position the economy for strong growth in the months ahead.
Trade Gap Narrows Again in January
Washington, DC, March 9, 2007--The U.S. trade deficit narrowed again in January, adding to the sense that the trade gap has at least stabilized and may even be starting on a downward trend, a government report showed Friday.
Unemployment Rate Drops, Job Growth 97,000
Washington, DC, March 9, 2007--The economy created the fewest number of jobs in two years, even as the unemployment rate fell back to 4.5%, the Labor Department reported Friday.
Carpet One Intros Exclusive Cork Collection
Dallas, TX, March 9, 2007--Carpet One Floor & Home introduced a new exclusive collection of cork products at their annual Winter Convention in Dallas.
Employment Index Gains Nine Points in February
NewYork, NY, March 9, 2007--The Monster Employment Index jumped nine points to a level of 177 in February, demonstrating a strong, broad increase in online demand for workers across the United States.
Coverings 2007 Holds Promise of Best Show Ever
Alexandria, VA, March 9, 2007--Coverings, the tile and stone trade exposition and conference is an effective catalyst for business--whether you’re an exhibitor or attendee.