Mortgage Rates Move Higher For Third Week
Washington, D.C., Dec. 6, 2002--Mortgage rates around the country moved up for the third week in a row, with rates on 30-year mortgages climbing to their highest level since late October.
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.
Home Depot To Combine Two Operating Divisions
Atlanta, GA, Dec. 5, 2002--Home Depot, streamlining operations to compete better with Lowe's, said it would combine two regional store divisions.
Sears’ November Same Store Sales Drop 10.9%
Hoffman Estates, IL, Dec. 5, 2002--Sears, Roebuck and Co., the fourth largest U.S. retailer, on Thursday posted a 10.9% drop in November sales at U.S. stores open at least one year.
Federated Anticipates A Slow Holiday Season
Cincinnati, OH, Dec. 4, 2002--Retailer Federated Department Stores Inc.
Nuheat Sets Sights On U.S. Market
Vancouver, CANADA, Dec. 4, 2002--Vancouver based Nuheat, a manufacturer of radiant heating mats, is targeting the U.S. for expansion.
IICRC Expands Curriculum
Vancouver, WA, Dec. 3, 2002--The Institute of Inspection, Cleaning and Restoration Certification (www.iicrc.org) has enhanced its examination programs for certification to adjust to its ongoing growth as a leading authority in inspection, cleaning and
Interface Gets Noncompliance Waiver Extended To De
Atlanta, GA, Dec. 3, 2002 -- Interface Inc. said that the lenders under its revolving credit facility have agreed to extend a waiver of noncompliance to Dec. 13 from Dec. 2.
Strong Thanksgiving Sales Provide Hope
Chicago, IL, Dec. 3, 2002--Wal-Mart Stores Inc.
UCB To Buy Solutia’s Specialty Chemicals Business
Brussels, BELGIUM, Dec. 3, 2002--Belgian drug and chemicals company UCB
Housing Starts Down
Washington, DC, Nov. 20--Housing construction lost momentum in October, dropping 11.4%, the biggest drop since 1994.