Abbey Prototype to Open in September
Bonita Springs, FL, May 26--Abbey Carpet is building a state-of-the-art training and sales production facility in North Naples that will serve as a prototype for its 800 stores nationwide.
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.
Lowe's Unveils New Premium Brands, Including P
Mooresville, NC, May 27--Building on its track record of offering consumers pedigreed merchandise at affordable prices, Lowe's adds new, showroom-quality products from four of the world's best-in- class brands to its roster this spring.
Costco Quarterly Profit Up
Issaquah, WA, May 27--Costco Wholesale Corp. posted a higher quarterly profit, thanks to strong spring sales of items including lawn and garden equipment and food.
Lowe's CEO Discusses Expansion, Including Poss
Las Vegas, NV, May 27--Lowe's Home Improvement Warehouse will continue its phenomenal growth nationwide as the company continues to go after market share and as it changes to fit the demographics of the country, the company's chief executive said
Flexible Foam to Open Plant in Washington
Longview, WA, May 26--Ohio's Flexible Foam Products formally announced Tuesday that it is opening a new plant in Longview, Washington.
1st Quarter GDP Revised Up to 4.4%
Washington, DC, May 27--Driven by businesses' vigorous restocking of inventories, the U.S. economy surpassed an earlier estimate for first-quarter growth as corporate profits continued to show improvement.
Antron Recertified as Environmentally Preferable P
Atlanta, GA, May 27--Invista announced today the re-certification of Antron carpet fiber as an Environmentally Preferable Product (EPP) by Scientific Certification Systems (SCS).
Home Depot Increases Dividend by 25%
Atlanta, GA, May 26--Home Depot announced that its Board of Directors increased its quarterly cash dividend to eight and a half cents per share, an annual increase of 25 percent.
Armstrong Bankruptcy Update
Lancaster, PA, May 26--May 25--Once upon a time, Armstrong World Industries thought it would be out of bankruptcy last summer, according to the Lancaster New Era.
New Home Sales Fall 11.8%
Washington, DC, May 26--Sales of new U.S. homes sagged well below expectations in April to post their biggest monthly drop in more than ten years.