Consumer Borrowing Rises
Washington, DC, July 9-- Americans stepped up their borrowing in May as an improving jobs market and growing economy gave consumers more confidence to take on debt.
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.
UK’s Floors 2 Go Sales Up 224%
Birmington, England, July 9--Sales at the UK's largest retailer of hardwood and laminate flooring products Floors 2 Go, were up 224 per cent in the first six months of this year.
NAR: Higher Interest Rates Won't Hurt Housing
Washington, DC, July 8--Interest rates are rising due to healthy economic growth and they won't dampen the general strength of the nation's housing market, according to the National Association of Realtors.
Armstrong Intros New Linoleum Line
Lancaster, PA, July 8--Armstrong Floor Products announces the new “Living Colors of Linoleum” Collection, a focused North American portfolio.
It's the Sweet Smell of Success
Sarasota, FL, July 8--Orders are streaming in to a local manufacturer for its Urine-Off, a product with the power to remove stains and odors, according to the Sarasota Herald-Tribune.
Mannington Wins Best of NeoCon Award
Calhoun, GA, June 8--Mannington Commercial, was awarded a "2004 Best of Neocon - Editor's Choice" Award for its ArtCraft Collection of modular carpet tiles.
Retailers Report Mostly Solid June Sales
New York, July 8—The nation’s retailers reported mostly positive results for June, Wal-Mart however, reported a disappointing sales performance for the month, falling short of the solid business enjoyed by many other big retail chains.
Contractor Bonitz Celebrates 50 Years
Ridgefield, CT, July 7--Lori Dowling, president and CEO for StarNet Commercial Flooring Cooperative, is pleased to announce the 50th anniversary of Bonitz, Inc. in 2004.
Lanxess Starts Operating Independently
Leverkusen, Germany, July 6-- Lanxess, the future company where the Bayer Group will combine almost all areas of its chemicals business and parts of its polymers activities, began operating as an independent unit on July 1, 2004.
Colorado Carpet One Retailer Moves to Larger Locat
Fort Collins, CO, July 7--When Dale's Carpet One opens its new location at Timberline and Horsetooth roads early next year, the family-owned store will add to the growing number of commercial and residential developments popping up along the Timberlin