Moody's Places Furniture Brands on Review
New York, NY, December 12, 2006--Moody's Investors Service placed Furniture Brands International Inc.'s 'Baa3' rating under review for possible downgrade Monday.
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.
Weyerhaeuser: More Closures May Be Ahead
Federal Way, WA, December 8, 2006--Weyerhaeuser has said that challenging market conditions necessitate further actions, which the company said could include closures, curtailments and restricted operating postures.
Monster Employment Index Up
New York, NY, December 7, 2006--The Monster Employment Index rose three points to a level of 175 in November, demonstrating stepped-up U.S. online recruitment activity as employers increased their year-end and holiday season hiring efforts.
Surya to Relocate Corporate Offices to AmericasMar
Atlanta, GA, December 7, 2006--Surya Rugs, Inc, manufacturer of handmade area rugs, has expanded its AmericasMart showroom to 6,000 square feet of AmericasMart. Surya’s expansion continues the sixth floor’s growth momentum.
Mortgage Rates Fall, Applications Rise
Washington, DC, December 6, 2006--The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending December 1.
Wools of New Zealand Hires Parsons
Atlanta, GA, December 6, 2006—Wools of New Zealand has appointed Steven Parsons international product development manager.
ISM Non-Manufacturing Index Up
Tempe, AZ, December 5, 2006--Business activity in the non-manufacturing sector increased at a faster rate in November 2006, say the nation's purchasing and supply executives in the latest Non-Manufacturing ISM Report On Business.
Chain Stores Sales Up from Last Year
New York, NY, December 5, 2006--Chain store sales for the week ended Dec. 2 rose 3.1% from the year-ago period, according to a survey by the International Council of Shopping Centers, Inc. and UBS Securities released Tuesday.
Rosa Sugranes & Iberia Tiles Join Forces with Casa
Miami, FL, December 5, 2006--Rosa Sugranes, chairman and founder of Iberia Tiles, joined forces with Casamood, from Italy, to present the latest work of Italian artist, Luca Pancrazzi 'Alta Definizone' at Art Basel 2006.
Florida Retailer Opens $2.8M Expansion
Clearwater, FL, December 4, 2006--Carillon Carpet & Rugs, a family-owned and operated business located downtown for more than four decades, has opened a $2.8-million expansion in north Clearwater.