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.
Media, PA, Feb. 25, 2009--Foamex International Inc. said Tuesday that it has received approval from a U.S. bankruptcy court to access financing that will allow the company to continue operating normally while it restructures its debt.
Calhoun, GA, Feb. 25, 2009--Although Mohawk CEO Jeffrey Lorberbaum painted a fairly challenging picture for 2009, it was clear the company continues to make significant adjustments to deal with the recession.
Pawtucket, RI, Feb. 24, 2009--Colonial Mills has reorganized its sales department by hiring 19 outside, independent sales representatives.
Chattanooga, TN, Feb. 25, 2009--The Dixie Group reported a fourth quarter net loss of $31.8 million, or $2.60 per share, compared to net income of $1.4 million, or $0.11 per share in 2007.
Washington, DC, Feb. 25, 2009--Mortgage application volume fell a seasonally adjusted 15.1% compared with the week before, the Mortgage Bankers Association said Wednesday.
Bielefeld, German, Feb. 25, 2009--“Naturally Laminate” is the slogan for a new laminate portal which recently went live at mylaminate.eu.
Marble Hill, GA, Feb. 24, 2009--Wes Connelly, North America area manager for Wools of New Zealand, is retiring after 39 years in the floorcovering/textile industry.
New York, NY, Feb. 24, 2009--Prices of single-family homes fell 18.5 percent in December from a year earlier.
Atlanta, GA, Feb. 24, 2009--Home Depot said it swung to a loss of $54 million, or 3 cents a share, in the fourth quarter after charges to exit businesses and write down its investment in HD Supply.
New York, NY, Feb. 24, 2009--The International Council of Shopping Centers and Goldman Sachs Retail Chain Store Sales Index increased 0.6% in the week ended Feb. 21.