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.
Ludwigshafen, Germany August 17-- BASF AG says it will turn away back business if it cannot raise prices for its styrene-based and nylon products because of the soaring price of benzene, the main feedstock for styrene and caprolactam.
Washington, August 13--Producers prices increased a moderate 0.1 percent in July, the Labor Department estimated Friday.
Seattle, WA, August 13--Environmental Home Center, the nation's first sustainable building supplier, lost its main warehouse, showroom and office in an early-morning fire on August 11.
Dalton, GA, August 12--Over the last two years, floor covering retailers have found a lot to like in the “Mohawk Makes The Dream” program. This time, they’ll really be “hooked.”
Chattanooga, TN, August 11-- Dixie Group Inc., in a Securities and Exchange Commission filing, said it received notice that the company’s joint venture partner, the Monterey Carpets unit of Tandus, will pull out of a joint venture, giving Dixie Group the
New York, August 12--Kmart Holding Corp. will join the Nasdaq-100 Index and be included in the index tracking stock, Nasdaq said on Wednesday.
Atlanta, GA, August 12-- A according to a filing with Securities and Exchange Commission Home Depot Inc. gave chairman and CEO Robert Nardelli 200,000 deferred shares and 100,000 stock options.
Washington, DC, August 12--Inventories rose 0.9 percent at U.S. businesses in June, the biggest increase in four years, the Commerce Department estimated Thursday.
St. Louis, August 11--May Department Stores posted higher second quarter profit, helped by cost savings and sales of items like handbags and jewelry.
Cincinnati, OH, August 11--Federated Department Stores reported lower second-quarter profits Wednesday as a one-time cost for debt repurchases ate into earnings.