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.
Washington, DC, November 17--Continuing low mortgage rates and improving economic conditions are helping maintain a solid level of builder confidence in the market for new single family homes, according to the latest National Association of Home Builders
Mooresville, NC, October 19--Lowe's announced today the opening of its state-of-the-art regional distribution center (RDC) in Osceola County, Fla.
Kilmarnock, Scotland, September 29—Troubled carpetmaker Stoddard International lost 30% of its remaining value yesterday after revealing that it is seeking fresh borrowing to stay afloat,
Atlanta, GA, September 28--- Strong new home building, consumer remodels and improving industrial markets were supporting home improvement giant Home Depot as it reinvests in its stores, chairman and chief executive Robert Nardelli said on Monday
Washington, September 27--Sales of new single family homes in August rose a surprising 9.4 percent to a seasonally adjusted annual rate of 1.184 million units from a downwardly revised 1.082 million units the month before, according to the Commerce Depart
Washington, September, 24-- Orders for new durable goods fell 0.5 percent in August, held back by a 42.8 percent drop in orders for civilian airplanes, the Commerce Department estimated Friday.
Union, NJ, September 23--Bed Bath & Beyond Inc.'s earnings rose 23 percent in the latest quarter as overall sales grew 15 percent and sales per store increased.
Midland MI, September 21--The energy industry will continue growing with the economy as a better balance between supply and demand leads to price increases, said William Stavropoulos, chief executive of Dow Chemical Co.
Holland, MI, September 20-- Calgary-based SMED International and Grand Rapids-based Interface AR are formally changing their names to Haworth, according to the Holland Sentinel.
Washington, September 16-- Plans for an asbestos victims' compensation fund advanced in the Senate on Wednesday as Democratic leader Tom Daschle agreed to $140 billion in overall funding proposed by Republican Leader Bill Frist.