Christian Steps Down as Foamex President
Linwood, PA, August 27, 2007--Foamex International said its president and board member Gregory J. Christian has resigned from the company, effective September 1, to pursue other opportunities.
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.
Monster Names Top Industries for Entry-Level Jobs
Maynard, MA, August 27, 2007---After monitoring online job demand across several industries over the last year, the student division of Monster Worldwide Inc. has identified the top five industries for entry-level workers.
Best Tile Re-Opens Dedham Massachusetts Showroom
Ludlow, MA, August--Best Tile Distributors of New England unveiled a new tile contractor service area and bargain center at the grand re-opening of its Dedham, Massachusetts showroom this August.
Fire Destroys North Carolina Rug Manufacturer
Grover, NC, August 27, 2007--Close to 100 firefighters from five companies responded to an early morning fire in Grover, N.C. Sunday.
Q.E.P. in Compliance with Nasdaq Rules
Boca Raton, FL, August 27, 2007--Q.E.P. Co. said it has received a letter from Nasdaq stock market acknowledging that it is in compliance with the exchange's rules regarding the composition of its audit committee.
Home Depot to Accept $1.8B Less for HD Supply
Atlanta, GA, August 27, 2007--Home Depot has tentatively agreed to sell its wholesale distribution business to a group of private equity firms for $1.8 billion less than originally planned.
New Home Sales Up 2.8% in July
Washington, DC, August 24, 2007—New home sales rose 2.8% in July to a seasonally adjusted annual rate of 870,000 as the inventory of homes for sale dropped for a fourth straight month, according to a Commerce Department report.
Durables Orders Up 5.9% in July
Washington, DC, August 24, 2007--Durable goods rose 5.9% in July, after a revised 1.9% gain in June, according to the Commerce Department.
Financiers Balking at HD Supply Deal
New York, NY, August 24, 2007--Home Depot is close to accepting about $1.2 billion less for the sale of its wholesale distribution business to three private equity firms.
Gerflor Says its Vinyl Equivalent to “Natural”
Atlanta, GA, August 24, 2007—Gerflor said its vinyl flooring is a favorable option to so-called natural floor coverings in terms of its environmental impact during manufacturing.