Lowe's CFO: Plenty of Room to Grow
Boston, MA, July 15-- Because Lowe's Cos. and its largest competitor have just 22% of the home improvement market share, there is plenty of room for the company to grow, Chief Financial Officer Bob Hull said.
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.
Producer Prices Ease in June
Washington, July 15--Inflation in the production pipeline eased in June as economic activity cooled, validating the Federal Reserve's judgment that it will not need to raise interest rates aggressively this year.
CRI Launches International Flooring Science Resou
Dalton, GA, July 15--The Carpet and Rug Institute (CRI) today announced the launch of the International Flooring Science Resource Center. The website will serve as the home for the new peer reviewed publication the International E-Journal of Flooring Scie
Faus Adds Technical Director
Dalton, GA, July 15--Faus Group, Inc. has appointed Stan McMackins the National Technical Director.
Solutia Explores Sale of Pharmaceutical Business
St. Louis, July 14--The European subsidiary of bankrupt chemicals concern Solutia Inc. has tapped an investment banking firm to help explore the possible sale of its pharmaceutical services business.
Mohawk Laminate Offers Unique Sound Reduction Prop
Dalton, GA, July 14--Mohawk's Harper's Mill laminate improves floor covering by borrowing ideas from the automotive industry.
Faus Intros New Transition System
Dalton, GA, July 14-- Faus Group, Inc. introduced the new Fastrim Multi-Transition System. The single SKU features five transitions.
Linens 'n Things Cuts Outlook
Clifton, NJ, July 14--Home decor retailer Linens 'n Things Inc. cut its second-quarter profit forecast, mainly hurt by a decline in store traffic in May.
Architectural Firm to Sponsor CFI Certification
Louisville, KY, July 14--Ross-Tarrant Architects is teaming up with the CFI to sponsor a local installer certification program on Sept. 17-18 at Southland Flooring Supplies in Louisville.
Shaw Living Expands Kathy Ireland Collection
Dalton, GA, July 14--At the Atlanta International Rug Market, Shaw Living is introducing impressive new additions to its best selling lines, Kathy Ireland Home Essentials and Kathy Ireland Home Gallery.