Robert Shaw's Shift of Focus
Dalton, GA, July 28, 2006--In none of its forms was "retire" used in Shaw Industries Inc.'s announcement of CEO Bob Shaw's plan to leave that post Sept. 1, according to the Chattanooga Times/Free Press.
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.
New Homes Sales Off in June
Washington, DC, July 27, 2006-- Sales of new homes fell 3% in June to a seasonally adjusted annual rate of 1.13 million, the Commerce Department said Thursday.
Liz Claiborne Home Signs Licensing Deal with Nouri
New York, NY, July 26, 2006--Liz Claiborne Inc., announced today that it has reached an agreement in principle with Nourison to design, manufacture and market area rugs and accent rugs under the Liz Claiborne Home brand name.
Armstrong: Stolen Laptop Had Info of 12,000 Employ
Lancaster, PA, July 26, 2006--A laptop stolen from a payroll auditor contains personal information regarding about 12,000 current and former Armstrong World Industries Inc., employees, the company said.
Trading Halted on Feltex Shares
Wellington, New Zealand, July 24, 2006--New Zealand carpet manufacturer Feltex Carpets Ltd., which had been seeking a new cornerstone investor to inject capital, was placed on trading halt on Monday.
Mannington To Raise Prices on Resilient Products
Salem, NJ, July 24, 2006--Mannington Mills announced today that due to continuing cost increases in raw materials, energy, health care and transportation, the company is implementing a five to seven percent price increase on all commercial and residential
Amtico Sells for £100M
Coventry, England, July 21, 2006--Floor covering firm Amtico has been sold for nearly £100 million (US$185M).
Leading Index Inches Up in June
New York, NY, July 20, 2006--The Conference Board announced today that the U.S. leading index increased 0.1 percent, the coincident index increased 0.2 percent and the lagging index increased 0.6 percent in June.
Shaw Living Signs Nine-Year Lease at AmericasMart,
Atlanta, GA, July 19, 2006--Shaw Living, continuing its long-standing relationship with AmericasMart Atlanta with a new nine-year lease, greatly expanded its presence and broadened its product and service mix in the nation’s largest area rug marketplace.
CPI Up 0.2%, Core Rate up 0.3%
Washington, DC, July 19, 2006--According to a Labor Department announcement, the consumer price index increased 0.2% in June, for its smallest gain in four months.