Broyhill to Close Two Plants
Lenoir, NC, November 4, 2005--Broyhill Furniture, a unit of Furniture Brands International, said it would close two facilities in North Carolina, eliminating 421 jobs, or about 13% of the brand's workforce.
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.
iFLOOR.com Makes Flooring Donation to Calvary Chap
Bellevue, WA November 3, 2005--While iFLOOR.com continues to rise to the challenge of meeting the demands of a high-pressure business world, the world's largest online flooring company never strays away from its original mission.
Prestige Mills Named Exclusive U.S. Distributor fo
Long Island City, NY, November 3, 2005—Prestige Mills, Inc. has been appointed as exclusive North American distributor for all floorcoverings produced by Belgium manufacturer, Louis de Poortere (LDP).
Forbo Signs License Agreement with Välinge
Viken, Sweden - November 3, 2005--Välinge announced that Forbo has become a new licensee on glue-free locking technology for floorings.
Weekly Jobless Claims Off 8,000
Washington, DC, November 3, 2005--Initial jobless claims fell 8,000 to 323,000 in the week ended October 29, according to the Labor Department.
FloorExpo Groups Connect at National Conference in
Hilton Head Island, SC, November 3, 2005--The two FloorExpo divisions – Home Solutions and MultiFamily Solutions - recently met for the group’s 7th Annual National Conference at the Westin Resort Hilton Head Island.
Productivity Increases by 4.1%
Washington, DC, November 3, 2005--Productivity in the third quarter rose at an annual rate of 4.1%, according to a report from the Labor Department.
Retailers Report Attractive Increases in October
New York, NY, November 3, 2005—Some of the nation’s major retailers reported gains in store sales rose in October, as cooler weather helped clear shelves of fall clothing and seasonal merchandise.
Home Depot Canada to Open 11 Stores in 11 Weeks
Toronto, Ontario, November 3, 2005--Home Depot Canada said it will expand its store base rapidly over the next 11 weeks, adding a million square feet of retail space.
Beazer 4Q Earnings More Than Double
Atlanta, GA, November 3, 2005--Beazer Homes USA posted earnings that more than doubled in the fourth quarter reaching $164.4 million, or $3.61 per share.