Man Crushed To Death By Roll of Carpet
Mesa, AZ, Oct. 7, 2009--A man was crushed to death at work by a giant roll of carpet Tuesday morning in Mesa, police said.
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.
Mortgage Applications Surge on Lower Rates
Washington, DC, Oct. 7, 2009--U.S. mortgage applications surged last week to their highest since mid-May as interest rates remained below 5 percent according to the Mortgage Bankers Association.
PS America Inc. Reportedly Files for Chapter 11
Volant, PA, Oct. 7, 2009—PS America Inc., which operates more than 40 wholesale flooring showrooms across the country, has reportedly filed for Chapter 11 bankruptcy protection.
Chain Store Sales Up Fourth Consecutive Week
New York, NY, Oct. 7, 2009--U.S. weekly chain store sales rose 1 percent for the seven days that ended Oct. 3, according to the International Council of Shopping Centers (ICSC) and Goldman Sachs.
Mohawk Ranked in Newsweek 'Green' List
Dalton, GA, Oct. 7, 2009--Mohawk Industries came in at number 227 on Newsweek magazine's ranking of the 500 largest U.S. companies.
Consumers Stuck To Basics Last Year
Washington, DC, Oct. 7, 2009--U.S. families stuck to the basics last year when it came to spending, according to the Labor Department.
IVC Signs Distributor All Tile for N. Central U.S.
Dalton, GA, Oct. 6, 2009--IVC U.S. said that All Tile distribution will handle its Flexitec and private label products in the North Central U.S. regions.
Omnova Reports Higher Earnings, Lower Sales
Fairlawn, OH, Oct. 6, 2009--Speciality chemicals company Omnova Solutions reported third quarter net income of $10.1 million, or $0.23 per share, compared to net income of $3.1 million, or $0.07 per share, a year ago.
NRF Issues Pessimistic Holiday Shopping Forecast
Washington, DC, Oct. 6, 2009--The National Retail Federation, usually bullish about holiday sales, predicts a 1 percent decline in total sales to $437.6 billion for November and December combined.
Apartment Vacancies Hit 23-Year High
New York, NY, Oct. 6, 2009--Apartment vacancies hit their highest point since 1986, according to Reis Inc., a New York real-estate research firm that tracks vacancies and rents in the top 79 U.S. markets.