Wholesale Prices in 2007 Rise Most in 26 Years
Washington, DC, January 15, 2008--Wholesale inflation last year rose by the largest amount in 26 years, according to the Labor Department.
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.
QEP Reports Profits, Higher Revenue in Quarter
Boca Raton, FL, January 15, 2008--QEP Co. had net income of $800,000 or 22 cents per share for its 2008 third quarter ended Nov. 30.
Omnova Solutions Net Income Falls
Fairlawn, Ohio, January 14, 2008--OMNOVA Solutions Inc. reported income from continuing operations of $3.4 million, or 8 cents per share, for the fourth quarter, compared to a loss of 2 cents per diluted share for the fourth quarter of 2006.
Faus, Floors To Ceilings, in Partnership
Calhoun, GA, January 14, 2008 – Faus Group Inc. has signed a partnership agreement with Floor To Ceilings, effective Jan. 4.
HFP, Long Floor, Launch Joint Website
Raleigh, NC, January 15, 2008--Horizon Forest Products (HFP) and Long Floor have a new corporate website (www.horizonforest.com) that reflects their recent partnership.
Website Lets Customers Create Rugs Online
Minneapolis, MN, January 15, 2008 – Sisal Rugs Direct has an updated website where customers can create their own rugs.
Retail Federation Predicts Slowing Sales This Year
Washington, DC, January 14, 2008--The National Retail Federation said sales in 2008 will see their worst pace of growth in six years as consumers grapple with an uncertain economy.
Interest Rate Speculation Forces Dollar Lower
Berlin, Germany, January 14, 2008-- The dollar continued its fall on Monday
Safavieh Doubles Pennsylvania Warehouse Capacity
Port Washington, NY, January 14, 2008–Safavieh recently more than doubled its warehouse space in Pennsylvania with the purchase of a 320,000-square-foot facility.
Rug Market Signs Agreement With Disney Home
Los Angeles, CA, January 14, 2008–The Rug Market has signed a multi-year licensing agreement with Disney Home.