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, July 7--The Pending Home Sales Index, the leading indicator for the housing market, slipped from near-record levels but remains historically high, according to the National Association of Realtors.
New York, NY, July 6--Analyst Sam Darkatsh of Raymond James reiterates his "market perform" rating on Mohawk Industries.
Dalton, GA, July 6--Faus Group has appointed Dan Snapper as National Sales Manager.
Chattanooga, TN, July 6--Tricycle, Inc. has been invited to exhibit as a finalist in the world's largest design and innovation awards competition, Copenhagen's INDEX: awards.
Atlanta, GA, July 6-- Feizy Rugs has renewed it lease at AmericasMart, penning a with a long-term lease renewal.
Charlotte, NC, July 6--Belk Inc. has completed its acquisition of 47 Proffitt's and McRae's department stores from Saks Inc.
Wellington, New Zealand, July 6--Feltex Carpets Ltd., New Zealand's biggest carpet maker, said it had spoken with Australian rival Godfrey Hirst about a possible tie-up between the two groups but did not indicate whether it would back such a move.
McAdenville, NC, July 6--Pharr Yarns, LLC will build a new state-of-the-art fiber extrusion plant adjacent to its Complex 46 facility in McAdenville, North Carolina.
New York, NY, July 6--Retail chain store sales increased 0.5% last week after falling 0.6% the prior week, according to the International Council of Shopping Centers.
New York, July 6--Job cuts jumped 35 percent in June, with the number of layoff announcements pushing the monthly total to its highest level since January of last year, an employment firm said Wednesday.