Dixie Says 1Q Sales Rose 17%
Chattanooga, TN, March 30--Dixie Group said that its carpet sales in the first quarter of 2005 were up 17% from the year-ago quarter.
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.
Armstrong's Losses Grow in 4Q
Lancaster, PA, March 30--Armstrong Holdings, Inc. in the fourth quarter of 2004 reported an operating loss of $134.8 million compared to an operating loss of $12.1 million in the fourth quarter of 2003.
Consumer Confidence Dips In March
New York, NY, March 29--The Conference Board’s Consumer Confidence Index, which had declined in February, lost more ground in March. The Index now stands at 102.4, down from 104.4 in February.
Chain Store Sales Off Last Week
New York, NY, March 29--Chain store retail sales fell 1.0 percent in the week ended March 26, compared with a 0.2 percent increase the previous week, according to the International Council of Shopping Centers and UBS Joint report.
Armstrong to Appeal Bankruptcy Ruling
Lancaster, PA, March 28--After getting a surprising detour last month, Armstrong World Industries has taken the first legal steps toward finding a new way out of bankruptcy, according to the Lancaster New Era.
Domco to Increase Prices on Selected Products
Farnham, Quebec, March 25--Domco will increase prices from 2 percent to 6 percent on selected resilient flooring products, effective April 1, 2005.
Designer Vern Yip and Stainmaster Makeover Contest
Atlanta, GA, March 25--Celebrity designer Vern Yip will detail the transformation of one room in the home of the Stainmaster carpet Designer Makeover Contest winner in a live webcast.
NAHB Looking for Late Winter Housing Rebound
Washington, DC, March 25—-Responding to news yesterday that sales of new single-family homes increased 9.4 percent in February, the National Association of Home Builders (NAHB) said they expect a late-winter rebound.
New Home Sales 2nd Highest on Record
Washington, DC, March 24--New homes sales rose 9.4 percent in February to a seasonally adjusted annual rate of 1.226 million, according to the Commerce Department.
BASF to Phase Out Enka, NC Nylon Production
Ludwigshafen, Germany, March 24--BASF is planning to phase out nylon (nylon 6) polymers production at it Enka, N.C. site by 2007 and consolidate production of these materials at its site in Freeport, Texas, according to Inteletex.