Competition Increasing in Furniture Market
Muncie, IN, February 21--Veteran sellers of furniture can rattle off names of more than a dozen local competitors who have gone under in the past 20 years.
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.
Michigan Retailer Focuses on Rugs
Flint, MI, February 21--Thousands of years ago, tents in the Middle East were decorated by finely crafted, hand-woven rugs. Now, area rugs are enjoying a resurgence as hard-surface floors are becoming more popular, according to the Flint Journal.
Kmart and Sears Set Shareholder Vote
Troy, MI, Hoffman Estates, IL, February 21--Sears and Kmart said that the registration statement filed with the Securities and Exchange Commission in connection with the proposed merger has been declared effective.
Consumer Sentiment Off
Ann Arbor, MI, February 18--The University of Michigan said today its preliminary index of consumer sentiment decreased to 94.2 from 95.5 in January.
Producer Prices Up, Core Index Up More
Washington, DC, February 18—The producer price index for finished goods rose 0.3% in January after declining 0.3% in December, according to a report from the Labor Department.
Vancouver Installer Hits Lottery for $24.6M
Vancouver, BC, February 18--According to the Vancouver Province, Tsering Luding, a carpet installer, won the Lotto Super 7 draw and will be collecting $24.6 million.
Carpet One Members Supporters of Local and Nationa
Manchester, NH, February 18--During the past year, Carpet One has made a strong commitment on both a national and local level to support a range of worthy causes.
Lowe's Names New Senior VP of Human Resources
Mooresville, NC, February 18--Lowe's has named Maureen K. Ausura senior vice president of human resources.
Brooklyn Firm Receives State Funds
Brooklyn, NY, February 18--IceStone, LLC, the Brooklyn manufacturer of recycled-glass based durable surface material used for countertops and flooring, has been awarded $200,000 in research and development funding from New York State's Environmental I
Deal Saving Stoddard to be Announced
Kilmarnock, Scotland, February 18--A deal that would rescue stricken Stoddard International, Scotland's oldest carpet maker, is expected to be announced today, according to The Glasgow, Scotland Herald.