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.
Cleveland, OH, August 24-- The US market for carpets and rugs is projected to rise only 1.6 percent per year through 2009 to over 22 billion square feet, but will still account for 65 percent of the floor covering market.
Wiltshire, UK, August 24--UK-based Carpetright Plc has commissioned approximately 4 million pounds worth of new retail systems from leading Microsoft Business Solutions Navision Partner K3 Landsteinar.
Manchester, NH-August 24--The International Design Guild and its affiliated member showrooms are preparing to launch their annual ASID Student Design Contest.
Troy, MI, August 24--The Securities and Exchange Commission on Tuesday filed civil charges against two former Kmart executives, accusing them of making "materially false and misleading" disclosures to shareholders before the retailer's 2002 bankruptcy
Dalton, GA, August 23--Mohawk’s participation in the national launch of a new Swiffer product promotes the Mohawk brand and makes it easy for consumers to locate nearby retailers who carry Mohawk products.
San Francisco, August 23—-Retailer Williams-Sonoma reported second-quarter net earnings that rose 12% to $30.8 million, or $0.26 a share, from $27.6 million, or $0.23, a year ago.
Herzberg, Germany, August 23--German wood fibre board manufacturer Homanit is likely to abandon its plans to invest EUR80m in the Polish city of Karlino because it is having trouble obtaining raw materials.
Fort Worth, TX, August 23--Pier 1 Imports has cut is second quarter outlook and said it expects a larger than expected loss during the quarter.
New York, NY, August 23--Chain store retail sales fell for the third consecutive week, as retailers felt the effects of consumers cutting back on spending due to record high gasoline prices, a retail report said on Tuesday.
Eglisau, Switzerland, August 23--In the first half-year 2005, Forbo achieved net sales of CHF 829.4 million, (US$652.9 million) compared to the previous year's CHF 827.0 million (US$651.3 million).