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.
Ewing, NJ, Aug. 29--Universal Display Corporation announced today that it has completed a $16.1 million registered direct offering of 2,012,500 shares of its common stock to certain institutional investors.
Auckland, NZ, Aug. 29--Prices for both fine and medium wools have rebounded in recent weeks, which should be a good sign so early in the season.
Greensboro, NC, Aug. 28--The Bankruptcy Court has approved the company's disclosure statement setting forth the terms of its Plan of Reorganization and other information relating to its proposed emergence from Chapter 11 as well as proposed procedures
Troy, MI, Aug 28--Kmart Holding posted a much narrower loss in its fiscal second quarter amid lower expenses despite a 21% drop in sales.
Johnson City, TN, Aug. 28--Harris Tarkett has announced it will increase prices on all prefinished product shipments effective October 1.
Danville, VA, Aug. 29--Dan River Inc. today announced personnel and organizational changes related to the upcoming retirement of Richard L. Williams, 69, President and Chief Operating Officer. Williams will move to the position of Vice Chairman on August
Eden, NC, Aug. 29--U.S. Bankruptcy Court on Thursday approved Pillowtex's bid to sell off all its plants, equipment and brand names for at least $56 million at an Oct. 2 auction.
Washington, DC, Aug. 29--Personal spending climbed in July as consumers continued to help fuel the economic recovery.
Hoffman Estates, IL, Aug. 29--Sears, Roebuck & Co. said Thursday that it plans to close three underperforming Great Indoors home-decorating stores
WASHINGTON (AP) - The U.S. economy emerged from the doldrums in the second quarter of this year and grew at a solid 3.1 percent annual rate, a better performance than the government thought just a month ago.