Existing-Home Sales Soften
Washington, Nov.25--Sales of existing single-family homes eased from an all-time high last month but remain at the third highest pace on record, according to the National Association of Realtors.
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.
Mohawk's New Product Tour Begins Soon
Dalton, GA, Nov. 25--For 2004, Mohawk has dozens of new products covering the spectrum of floor covering—carpet, hardwood, laminates, and ceramic tile.
Oakwood Homes To Be Bought By Clayton Homes
Chicago, IL, Nov. 25--Oakwood Homes Corp., a manufactured homes maker, said on Tuesday it has agreed to be acquired out of bankruptcy by Berkshire Hathaway Inc.'s Clayton Homes unit for about $373 million.
Sears Study Finds Different Views On Home Maintena
Hoffman Estates, IL, Nov. 21--Sears, Roebuck and Company, in conjunction with the Neighborhood Reinvestment Corporation and the NeighborWorks network, today announced survey results detailing American's attitudes toward home ownership, maintenance and
Women Customers Help Lowe's Gain On Home Depot
Atlanta, GA, Nov. 24--Lowe's is winning the battle for women customers just nine miles from the Atlanta headquarters of Home Depot Inc., which pioneered the warehouse-style store.
Home Depot Consolidates Divisions
Atlanta, GA, Nov. 21--The Home Depot, announced two executive appointments. Both appointments are effective immediately.
Chemical Firms Brace For Higher Energy Costs
New York, Nov 20--U.S. chemicals companies are bracing for even higher energy costs after deadly bombings in Turkey drove up oil prices Thursday.
Shaw Living's Bill Gordon Dies
Dalton, GA, Nov. 21--Bill Gordon Jr., vice president of national accounts at Shaw Living, the rug and textiles division of Shaw Industries, died Sunday, Nov. 16. He was 41.
Lowe's To Sell Contractor Yard Stores
Mooresville, NC, Nov. 21--Lowe's Companies announced today it has entered into an agreement with The Strober Organization, based in Brooklyn, NY, to sell 26 commodity-focused locations operating under The Contractor Yard banner.
Report: Lowe's Better Value Than Home Depot
New York, NY, Nov. 20--Lowe's represents a more attractive value than Home Depot, according to a research report from Jefferies & Co.