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.
Tokyo, Japan, June 20--Federal Reserve Bank of Minneapolis President Gary Stern sees no reason for the Federal Reserve to stop raising interest rates now as the economy expands at a desirable pace, a Japanese newspaper reported on Monday.
Home Depot stock was a raging bull in the 1990s as the company grew into the planet's largest home improvement chain. A share bought for less than $2 in early 1990 was worth almost $70 by decade's end.
Palatine, IL, June 20-- What do you get when you cross Sears with Kmart and add convenience items?
Grand Rapids, MI, June 20—Steelcase, Inc. posted a quarterly profit after a year-earlier loss, helped by recovering demand for office furniture in the United States.
Wellington, New Zealand, June 20--Carpet maker Feltex Carpets Ltd. said Monday that its board is making senior management changes and will conduct a "wide ranging" review of all of the company's operations, following recent "unsatisfactory" financial
Washington, DC, June 17--The current account deficit continued its steady march upward in the first quarter, the Commerce Department reported Friday.
Chicago, IL, June 17--StonePeak Ceramics Inc. hired Drew Giungo and Doug Snell as regional sales managers in the Northeast and Southeast regions, respectively.
London, England, June 17--An expert on carpet affairs said that Pakistan has taken full advantage of poor state support for the industry in Iran to imitate the designs of Persian carpets and export them to international markets.
Los Angeles, CA, June 17--To combat mildew and mold, MoldWash USA introduced the powerful product MoldWash Household less than one year ago.
Franklin, NC June 17--Zickgraf Hardwood Flooring Company has purchased The Thomson Oak Flooring brand name and certain assets from Thomson Oak Flooring Company Inc.