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.
Atlanta, GA, September 24-- Kilpatrick Stockton LLP today announced termination of patent litigation between its client Interface, Inc. and Milliken & Company (Milliken v. Interface) and entry of judgment on a jury verdict invalidating two Milliken patent
Mooresville, NC, September 23--Lowe's has named Mike Mabry to the post of executive vice president, logistics and distribution.
Riverside, CA, September 21--The manufactured housing industry has been in a steep decline for the last four years, and one of the few companies looking at it with a glass half full attitude seems to be Fleetwood Enterprises Inc.
Washington, September 20--The Federal Reserve, according to many analysts, will take another small step this week toward raising interest rates to more normal levels, but may be getting rates up to a point that allows for a pause in increasing them.
Dalton, GA, September 17--Mohawk’s latest “Rewards Plus” promotion puts the ball in the retail salesperson’s hands, and makes it easy to score big.
Naples, FL, September 16--The Florida attorney general has fielded more than 6,400 price-gouging complaints in the past month, with more than 700 of them coming from Lee and Collier counties, according the NaplesNews.com.
Fort Worth, TX, September 14--Pier 1 Imports reported earnings in the second quarter where profit fell more than 40 percent as sluggish sales and heavy discounts to lure shoppers took their toll.
Bangalore, India, September 13—The Indian flooring market has witnessed a lot of changes in the last 50 years, according to the Financial Times.
Washington, September 19--The Producer Price Index declined 0.1 percent in August, after edging up 0.1 percent in July, according to the Labor Department.
Washington, September 8--The economy retained a head of steam in late July and August, but the pace of growth slowed in some districts amid weaker consumer spending and softness in the housing market.