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.
Kannapolis, NC, Aug 25--Pillowtex Corp., a maker of towels and bedding that closed all 16 of its plants, said on Monday that it has petitioned the bankruptcy court to address unpaid employee medical claims and keeping key employees.
Chicago, IL, Aug. 22--Fitch Ratings maintains the Rating Watch Negative status on Solutia Inc.'s (Solutia) senior secured bank facility (revolver) rating of 'B-', senior unsecured debt and senior secured notes rating of 'CCC'.
New York, NY, Aug. 25--Retail sales made via the Internet or other electronic means shot up in the second quarter.
New York, Aug. 24--The ripple effect of rising mortgage rates has reached Wall Street.
Kidderminster, UK, Aug. 25--The UK carpet industry--centered on the West Midlands--has launched a £1 million advertising campaign to attempt to stem a massive fall in demand for its products, according to the Birmingham Post.
Wilkesboro, NC, Aug. 23--In March, Robert Niblock was promoted to the newly created retailer Lowe's Companies Inc. Previously, the title belonged to CEO and Chairman Robert Tillman. Last week, the Fortune 100 company announced that second-quarter pro
Lincoln, New Zealand, Aug. 25--We might have been farming them for thousands of years but as far as Garth Carnaby is concerned sheep are a high-tech product of the future.
Silver City, NM, Aug. 22--Business owners Michelle and Lee Pierce were stunned Wednesday morning when a pickup truck crashed through the floor-to-ceiling window in the front of their store
Calhoun, GA, Aug. 22--Mohawk Industries Inc. has been sued by the parents of a Chatsworth police officer who died in a security gate accident at the company's facility on Duvall Road in Chatsworth, according to the Atlanta Business Chronicle.
Atlanta, GA, Aug. 21--Home Depot raised its quarterly dividend 17% and said its board authorized an increase in the company's buyback program.