Mohawk, Flooring Retailer Hit With $5.4M Judgment
Nashville, TN, August 3--A Cool Springs, Tennessee carpet retailer plans to appeal a jury verdict awarding $5.4 million in damages to a competitor, its attorney said Monday.
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.
New Gel Mats Made with Soybeans
Paxton, IL, August 3-- Steve Glazik lifts a shiny blue bowling ball and drops it onto the concrete floor of his company's front office. He's not practicing a new bowling move, but proving a point about a new floor mat, according to the News-Gazett
Martha Stewart Living Posts Wider 2Q Loss Then Exp
New York, NY, August, 3-- Martha Stewart Living Omnimedia posted a loss of $19.29 million, or 39 cents per share, in the second quarter, in contrast to a profit of $931,000, or 2 cents per share, in the year-ago period.
ASCR Provides Insurance for Remediation and Drying
Millersville, MD, August 3--The Association of Specialists in Cleaning and Restoration (ASCR) is addressing one of the most pressing issues for mold remediation and drying contractors – obtaining insurance coverage at reasonable rates.
Daughter Of Dalton Carpet Retailer Killed By Snipe
Dalton, GA, August 2--The 26-year-old daughter of Dalton carpet retailer Buddy Parker was killed by a sniper early Monday morning as she slept in her father's house.
Collins & Aikman Reports 2Q Loss
Troy, MI, August 2—Auto interior supplier Collins & Aikman Corp. reported a second-quarter loss Monday, but company officials said many of those problems won't occur in coming quarters.
Consumers Crave New Kitchen and Bath Luxury
North Olmsted, OH, August 3--It's paying $2,000 for a granite kitchen countertop instead of $600 for a laminate version, or spending $3,500 for a custom-designed refrigerator rather than $300 for a basic model. What are we talking about?
Oil Prices Hit New Highs
New York, August 3-- Oil prices soared to a new record high above $44 a barrel on Tuesday after OPEC said it couldn't immediately boost production.
Consumer Spending Off 0.7% in June
Washington, August 3-- Personal income grew modestly in June, while consumer spending took its biggest drop since September 2001.
Weekly Chain Store Sales Up Modestly
New York, August 3-- U.S. chain store sales rose modestly last week, helped by cool weather, back-to-school shopping and state sales tax holidays in Florida and Georgia, a report said on Tuesday.