Mapei Named Lowe’s Supplier of Year
Deerfield Beach, FL, May 16—-Mapei Corp. was named home-improvement retailer Lowe's flooring-division supplier of the year for 2004.
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.
Ladd Named Hospitality Sales VP at Beaulieu
Adairsville, GA, May 16--Steve Ladd recently joined Beaulieu Commercial as Vice President of Sales & Marketing for Hospitality.
Dubai’s Merinos Carpet to Expand Globally
Dubai, United Arab Emeritus, May 16--Merinos Carpet has announced that it would be expanding its presence across the globe with the launch of a comprehensive international franchise program.
Leaver Named Flooring America’s Director of Commun
Manchester, NH, May 16--As Flooring America continues to maximize their internal talent, Tim Leaver, former regional manager of the Southwest area, was promoted to Director of Communications.
Hooker Furniture Cuts 2Q Outlook
Martinsville, VA, May 13--Hooker Furniture has revised its sales outlook for the company's 2005 second quarter.
Inventories Up 0.4% in March
Washington, DC, May 13—-Business inventories rose 0.4% in March, below expectations and slower than the 0.7% increase in sales.
Foamex Posts $10.9M Loss in 1Q
Linwood, PA, May 13--Foamex International reported a net loss in the first quarter of 2005 of $10.9 million, or $0.44 per diluted share.
Fundamentals Postive in the Commercial Real Estate
Washington, DC, May 13--The four major sectors of the commercial real estate market – office, retail, industrial and multifamily –can expect improvement over the next two years.
Collins & Aikman Hit by Liquidity Issues, CEO Out
Troy, MI, May 13--Auto parts and carpet supplier Collins & Aikman said its chief executive resigned as it faces significant near-term liquidity issues.
TCNA Members Collaborate to Create Award
Clemson, SC, May 16--Four Tile Council of North America (TCNA) members and an Ohio master craftsman contributed time and materials to create a one-of-a-kind commemorative Tile Person of the Year award.