Dutch Bank in Deal for Amtico
London, England, July 11, 2006--Flooring manufacturer Amtico, according to a report from INS News, is in exclusive talks to sell itself to the private equity arm of Dutch bank ABN Amro for GBP100 million.
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.
Brintons Intros Found Objects
Atlanta, GA, July 11, 2006--Brintons, the leading producer of woven Axminster carpet, has introduced a new collection of custom carpet and rug patterns for its Studio Influence series.
NAR: Home Sales Expected To Stabilize In The Month
Washington, DC, July 11, 2006--Home sales are projected to ease modestly but should stay within a relatively narrow range over the balance of the year, according to the National Association of Realtors.
Las Vegas Market Showcases Juvenile Furnishings
Las Vegas, NV, July 10, 2006--A rapidly evolving category in home furnishings is the area of juvenile furniture and accessories.
Future Spending Index Off in July
Columbus, OH, July 7, 2006--The pace of retail spending should slow in July, according to Retail Forward’s Future Spending Index.
J.C. Penney June Same-Store Sales up 4.3%
Plano, TX, July 6, 2006--J.C. Penney Thursday its June sales at department stores open at least a year rose 4.3 percent, and it raised its second-quarter earnings forecast.
Pending Home Sales Index Inches Up
Washington, DC, July 6, 2006--The index of pending home sales, a leading gauge for the housing sector, rose slightly in May.
Pier 1 June Same-Store Sales Off 18%
Fort Worth, TX, July 6, 2006--Pier 1 Imports reported that sales for the five-week period ended July 1, 2006 that were off 15.7% to $143.3 million.
UK’s Langsdon to Open New Distribution Center
Warwickshire, England, July 6, 2006--Landsdon, one of the UK's largest independent floor covering distributors, is looking forward to completion of its new 100,000 sq ft purpose-built distribution centre.
WarmlyYours Rolls out Spa Package
Lake Zurich, IL, July 5, 2006--WarmlyYours has unveiled the very latest in home comfort solutions: its new Bathroom Spa Package, comprising of its popular bathroom floor warming systems and its brand-new line of premium Towel Warmers.