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.
Washington, DC, August 3--General housing affordability conditions remained favorable but declined in the second quarter, largely the result of higher home prices, according to the National Association of Realtors.
Aurora, CO, August 2--BonaKemi USA, a leader in hardwood floor finishing and floor care, has added Dennis Savage as sports sales manager for the Western region.
Upper Saddle River, NJ, August 2--Hunter Douglas has acquired 91.8 percent of Mermet and its global operations from the Mermet family.
Pittsburgh, PA, August 2--PPG Industries has acquired Crown Coating Industries of Singapore, a privately held manufacturer of specialty wood coatings. Terms were not disclosed.
Washington D.C., August 2--After a tough year of consolidations and mergers among department, drug and grocery stores, specialty stores are gaining a wider market share, making them a major force in retailing.
Downers Grove, IL, August 2--ServiceMaster in the second quarter reported an increase in earning of 13.5 percent.
Washington, DC, August 2--Personal income was up at a seasonally adjusted annual rate of 0.5% in June, according to the Commerce Department. June’s hike came after an unrevised increase of 0.2% in May.
New York, NY, August 2--Chain store retail sales rose 0.9 percent in the week ended July 30, compared with a 0.4 percent increase the previous week.
Mettlach, Germany, August 2--Villeroy & Boch, the German ceramics group, is scaling up its job-cutting plan, and now envisages around 300 job cuts in the current year.
Washington, DC, August 1--Senate Majority Leader Bill Frist said on Friday he intends to get legislation creating a $140 billion asbestos victims' compensation fund approved by the chamber this autumn.