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.
London, England, June 28--Carpetright PLC, the UK's largest carpet and floor coverings retailer, reported a 4.1 pct fall in full year underlying profit but hiked its dividend payout 6.8 pct and said it is "well placed" to make further market share gai
Washington, DC, June 29--The first-quarter 2005 National Delinquency Survey shows that the seasonally adjusted delinquency rate for mortgage loans on residential properties stood at 4.31 percent at the end of the first quarter, down 15 basis points from t
New York, NY, June 28--In a lawsuit that pits mom and pop store operators against retail behemoth Sears, a group of Sears store owners on Monday sued the chain, claiming its acquisition by Kmart created unfair competition by making its products available
Burnbury, British Columbia, June 28--Taiga Forest Products Ltd. signed an agreement with Surpra Floors Inc. to be the exclusive national distributor of Subflor Advance and Subflor Supreme in Canada.
New York, June 27--Tufenkian Carpets has launched its first ever storefront New York City gallery located at 919 Third Avenue between 55th and 56th streets.
Southfield, MI, June 27—-Auto interior company Lear said Monday that will close some plants and combine others as it moves certain manufacturing operations to lower-cost countries to save money in the face of unfavorable conditions in the auto industry.
Grand Rapids, MI, June 27--Steelcase unveiled the results of the second of its three-part Workplace Index Survey on the Nature of Work in 2005.
West Point, GA, June 27--West Point Stevens has been bought by American Real Estate Holding LP for $703 million, according to a filing with the Securities and Exchange Commission.
Vancouver, WA, June 27--The Institute of Inspection, Cleaning and Restoration Certification (IICRC) has begun development of a Resilient Floor Maintenance Technician (RFMT) course.
Racine, WI, June 27-- Alloc, Inc. signed a new partnership with Tri-State Flooring, based in Sioux Falls, South Dakota.