Hardwood Continues To Grow
Baltimore, MD, August 4--Hardwood has resurfaced as the trendiest thing to tread on in American homes, according to the Baltimore Sun.
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.
Home Depot May Buy UK Home Center Chain
London, England, Aug. 3--Deutsche Bank has reported that Home Depot Chairman, President and CEO Bob Nardelli has met recently with Kingfisher's head Gerry Murphy about acquiring the London-based home improvement retailer, according to a report in Atla
No Merger For PanAmerican Stone & Tile Expo
North Palm Beach, FL, August 4--Responding to industry rumors of a potential merger between Skip Mason and Michael Coburn's new event
Pergo Select Goes Glueless
Raleigh, NC, August 4--The best of the best in laminate flooring just got even better. Long the industry leader in both performance and style, Pergo Select planks now boast the added ease of glueless installation.
Armstrong DLW Playing Surface To Get U.S. Tryout
Lancaster, PA, Aug. 1--A new Armstrong flooring product will take center stage Sunday when Lincoln Financial Field, home of the Philadelphia Eagles, plays host to its first major sporting event.
Pillowtex's Brands Are Its Biggest Asset
New York, NY, Aug. 1--If anything of substantial value remains at now-bankrupt Pillowtex Corp., it's the textile maker's brands.
Jobless Rate Down Slightly
Washington, DC, Aug. 1--Employers cut jobs for a sixth consecutive month in July, suggesting that businesses remain skittish about expanding their payrolls despite expectations of accelerating economic growth in the next few months.
Mohawk's S&P Rating Unchanged By Lees Deal
New York, NY, July 31--Standard & Poor's Ratings Services said today that its ratings and outlook on Mohawk Industries Inc. remained unchanged following the company's announcement that it had signed an agreement to purchase the Lees Carpet Divisio
May To Close 32 Lord & Taylor Stores
St. Louis, MO, July 30--May Department Stores Co. said Wednesday it will close 32 of its Lord & Taylor stores in 15 states and two other stores under different names, leaving about 3,700 workers without jobs.
Mohawk's Bid For Lees Carpet Successful
Calhoun, GA, July 31--Mohawk Industries, Inc. announced that W. L. Ross & Company and Mohawk were successful in their bid for substantially all of the assets of Burlington Industries, Inc.