Existing-Home Sales Down
Washington, Feb. 25--Sales of existing single-family homes were down in January from near-record highs but remain exceptionally strong.
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.
Thomasville City Council OKs Incentives for Unilin
Thomasville, NC, Feb. 25--The Thomasville City Council agreed to extend a $3.36 million economic incentives package to Unilin Decor Monday.
Group Can't Block Sale of Cone Mills
Charlotte, NC, Feb. 25--A committee in the Cone Mills Corp. bankruptcy case failed to meet a midnight deadline to post a $35 million bond that would have stalled the sale of the company to WL Ross & Co.
Bankruptcy Court Approves Armstrong Land Sale
Lancaster, PA, Feb. 25--Armstrong World Industries' agreement to sell surplus, vacant land to the owner of B&B Yamaha has been approved by a bankruptcy court judge.
Retail Innovator Meijer Adapting to Compete with W
Grand Rapids, MI, Feb. 24--Meijer celebrates its 70th anniversary this summer by reinventing the supercenter concept it created in 1962.
Former Armstrong Printing Unit Re-Emerges in New V
Lancaster, PA, Feb. 22--Downsizing for Armstrong World Industries has turned into upsizing for businessman Craig Arnold, according to the Lancaster New Era.
Oriental Rug Dealer Loves Competition
Birmingham, MI, Feb. 24--When Kamran Karimpour was growing up in Iran, he loved to tag along with his father on trips to the Persian Bazaar to visit the rug merchants.
Consumer Confidence Drops
New York, Feb. 24--U.S. consumers became much more cautious in February as worries about jobs mounted, the Conference Board said Tuesday.
Luxury Home Sales Up
Parsippany, NJ, Feb. 23--Coldwell Banker Real Estate Corporation today announced another blockbuster year for the sale of luxury homes valued at $1 million or more.
Federated Earnings Up
Cincinnati, OH, Feb. 24--Federated Department Stores, Inc. today reported fourth quarter results for the year ended January 31, 2004 that reflected strong sales and earnings trends.