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.
Wellington, New Zealand, August 8--Carpetmaker Cavalier says full-year earnings will meet forecasts but warns of a major writedown of its Microbial Technologies business, according to the New Zealand Herald.
High Point, NC August 5--HDM Furniture, a subsidiary of Furniture Brands International, Inc., announced today the consolidation of two upholstery manufacturing facilities located in High Point, NC.
Spokane, WA, August 8--A fire destroyed Warehouse Carpets in Spokane over the weekend. The two alarm fire broke out at about 1:00 a.m. Saturday morning, on East Trent.
Washington, DC, August 5--Consumers finally shook off their summertime blues by loosening their purse strings in July, according to the NRF Retail Executive Opinion Survey.
Red Bank, NJ, August 5--Luxury home builder Hovnanian Enterprises said the dollar value of contracts in the third quarter ended July 31 rose 34.8 percent to $1.7 billion from $1.3 billion a year ago.
Los Angeles, CA, August 5--Global Green USA today released its Green Schools Report touting the multiple financial, health, academic and environmental benefits of high performance, environmentally sustainable buildings for education facilities.
Houston, TX, August 5--Self’s Incorporated, of Wichita, Kansas, has joined Tarkett Commercial’s distribution network and will begin distributing Azrock by Tarkett commercial flooring in the states of Kansas and Oklahoma as well as Western Missouri.
Boston, MA, August 5--Wachovia Securities downgraded shares of Toll Brothers Inc. to market perform from outperform on high valuations and signs of a slowing housing market in Washington, D.C.
Washington, DC, August 5--Employers added 207,000 in July, according to the Labor Department. The department said the rise was the biggest increase in three months and the also said employers created 42,000 more nonfarm jobs in May and June than previousl
Manchester, NH, August 4--Flooring America and Flooring Canada have lined up informative educational events and trend-setting product introductions for New Vistas, the 2005 Summer Convention on Thursday, August 25 to Friday, August 26