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.
Wellington, New Zealand, September 21, 2006--The Feltex rescue became even more confusing yesterday as competing takeover groups disputed whether the Turner brothers' offer would satisfy the carpet-maker's bank, ANZ, according to the New Zealand H
Washington, DC, September 19, 2006--While consumers have shown a surprising amount of resilience in 2006, retailers can expect a more subdued holiday season.
Washington, DC September 15, 2006--Industrial output fell 0.1% in August, according to the Federal Reserve Board, indicating a slowdown, which in turn is expected to discourage the Fed from raising interest rates next week.
Atlanta, GA, September 13, 2006--Stanley Furniture Co., on Wednesday cut its profit and revenue estimates for the third quarter and full year, citing weak retail sales.
Washington, DC, September 12, 2006--The stocks of publicly traded companies whose primary business is multifamily housing outpaced the market as a whole in August, pushing the National Association of Home Builders’ (NAHB) Multifamily Stock Index (MFSI) to
London, England, September 11, 2006--Home Depot, according to the Financial Times, has ruled out expansion in Europe, ending years of speculation that it could bid for Kingfisher PLC, the U.K. home-improvement retailer.
Ferndale, WA, September 8, 2006--An innovative line of sustainable and environmentally-friendly wood products is the basis of a new joint venture, EverTech L.L.C., launched this month by MeadWestvaco Specialty Chemicals and Chemco Inc.
Washington, DC, September 7, 2006--Economic activity continued to move forward in August, but there were signs of a downshift in the rate of growth, according to a Federal Reserve Beige Book
Atlanta, GA, September 7, 2006--Home Depot is launching its first-ever national home show in more than 1,000 stores nationwide, featuring the top innovative products through live demonstrations, in-store celebrity clinics, a virtual home tour and online w
Red Bank, NJ, September 7, 2006--Homebuilder Hovnanian Enterprises reported that earnings, orders and margins all declined in its most recent quarter compared with a year earlier, underscoring the slowing housing sector.