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.
Mooresville, NC, Aug 25, 2009--Lowe's Companies said it has entered into a joint venture agreement with Australia's largest retailer, Woolworths Limited, to develop a network of home improvement stores in Australia.
Dalton, GA, Aug. 25, 2009--Shaw will hold another comprehensive national promotion, the 2009 Fall Flooring Event.
New York, NY, Aug. 25, 2009--Chain store retail sales for the week that ended Aug. 22 fell 0.2 percent, according to the weekly sales snapshot produced by the International Council of Shopping Centers (ICSC) and Goldman Sachs.
Oak Bluffs, MA, Aug. 25, 2009--President Barack Obama plans to reappoint Ben Bernanke to a second term as chairman of the Federal Reserve.
Neumarkt, Germany, Aug. 24, 2009 – Pfleiderer AG said that it was unable to fulfill the financial covenants agreed upon with its creditor banks.
Acton Vale, Quebec, Canada, Aug. 24, 2009--Beaulieu Canada Co. said that it has earned the EcoLogo designation on the majority of its carpet tile products featuring the Nexterra backing system.
Emeryville, CA, Aug. 24, 2009--HomeGain, a website that provides home values, said its quarterly survey showed that 46% of Realtors think home prices will remain the same over the next six months
Mercerville, NJ, Aug. 24, 2009--Congoleum said it received a decision from the U.S. District Court on its appeal of two orders from the U.S. Bankruptcy Court.
Chattanooga, TN, August 21, 2009--Propex Operating Company said that Theo Stroot, managing director Europe of affiliate Propex Fabrics GmbH, has decided to retire.
New York, NY, Aug. 24, 2009--Oil rallied to set a 10-month high toward $75 a barrel on Monday, supported by optimism that an economic recovery will spur a rebound in global energy demand.