Industrial Production Up
Washington, DC, Feb. 14--Industrial production made a comeback in January, rising 0.7% from the month before, while businesses boosted inventories the month before--a pair of promising signs for the struggling economy.
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.
WFCA Installation Contest Winners Named
Las Vegas, NV, Feb. 12—The World Floor Covering Association’s National Installation Contest took place at Surfaces at the end of January.
Federated Realigns Internet Stores
Cincinnati, OH, Feb. 14--Bloomingdale's By Mail and macys.com are being realigned to operate under their respective namesakes, according to Federated Department Stores.
Burlington Files Chapter 11 Plan Based On Berkshir
Greensboro, NC, Feb. 12--Burlington Industries has filed papers in its Chapter 11 case to further its deal with Berkshire Hathaway, although the move doesn't stop it from pursuing a competing proposal from WL Ross & Co.
Retail Sales Pulled Down By Slow Auto Sales
Washington, DC, Feb. 13--Sales at the nation's retailers dropped 0.9% in January from the previous month. According to the Commerce Department, the decline in retail sales followed a 2% rise in December, the biggest drop in four months and a weaker pe
CARE and U. of Georgia Compile Info on Carpet Kep
Athens, GA, Feb.13--According to EPA statistics, about 14 billion pounds of fibrous waste is landfilled each year in the U.S. and approximately one third of this is post consumer carpet.
Buffett Gets Burlington
Greensboro, NC & Omaha, NE, Feb. 11--Burlington Industries and Berkshire Hathaway have executed a definitive agreement for Berkshire to acquire Burlington for $579 million in cash.
Average Lowe's and Home Depot Customer Similar
Atlanta, GA, Feb. 11--Home improvement industry observers have long believed Lowe's appeals more to women, but a new study finds the Lowe's attracts no more female shoppers than rival Home Depot.
Schumacher Homes Wins Award
Canton, OH, Feb. 11-- Schumacher Homes has received the Gold Award for Design Centers from the National Association of Home Builders, ranking the scattered site home builder as the nation's leader.
Lauzon Enters Partnership Agreement
Papineauville, Quebec, Feb.5--Lauzon Industries has entered into a private Partnership Agreement with ATAG Asset Management, an independent European investment and asset management company.