Home Depot Not Worried About Rising Rates
New York, NY, March 23--Home Depot Inc. doesn't expect its growth to be hurt when interest rates rise or home building slows, chief financial officer Carol Tome said Tuesday.
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.
Flexco Appoints Michael Kahn Southeast Sales Manag
Tuscumbia, AL, March 23--Flexco, a leading manufacturer of rubber, vinyl and ESD control commercial flooring, recently appointed Michael Kahn as sales manager of the company’s newly created Southeast territory.
Tarkett Sports to Defend its Rights
Frankenthal, Germany, March 23--Over the last ten years, Tarkett Sports has established itself among the leaders in the sports flooring sector - progress driven by innovation, and underpinned by the strength of the Tarkett Group.
Consumer Prices Up 0.4%
Washington, DC, March 23--The consumer price index in February rose a seasonally adjusted 0.4 percent, according to the Labor Department.
CPSC & Hellenic Rug Announce Recall
Washington, DC, March 23--The Consumer Product Safety Commission and Hellenic have said that consumers should stop using Hellenic Rug Imports’ "Mazarakis Flokati 3A" and "Mazarakis Floco" white flokati rugs immediately unless otherwise instructed.
Mohawk's Rating Cut by Legg Mason on Raw Mater
New York, March 23—-Legg Mason analysts have cut their rating on Mohawk Industries Inc. to "hold" from "buy."
Goodfellow’s 2Q Earnings Off
Delson, Quebec, March 23--Goodfellow Inc., Canada’s largest distributor of hardwood flooring, saw its net profits fall in the fiscal second quarter on lower sales.
UK's Topps Tiles Warns of Sales Declines
Cheshire, England, March 23--Topps Tiles has joined the ranks of retailers suffering in the current UK consumer downturn.
Georgia May Permit Logging River Bottoms
Cairo, GA, March 22--A century after loggers stopped using Georgia's rivers to move their product, the state Legislature is considering a bill to let divers extract sinkers.
Vornado to Back Sears-Kmart Deal
Paramus, NJ, March 22--Vornado Realty Trust said it would support Kmart's $12 billion acquisition of Sears, quashing speculation the real estate company would make its own bid for the struggling department store.