Personal Income and Spending Up
Washington, DC, December 22, 2006--Personal spending rose in November at the fastest pace in four months as incomes increased and retailers offered discounts to lure holiday shoppers.
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.
Durable Goods Up 1.9% in November
Washington, DC, December 22, 2006--Orders for durable goods increased in November even as demand for business equipment waned for a second month.
Leading Indicators Inch Up in November
New York, NY, December 21, 2006--The Conference Board said today its leading index increased for the third consecutive month in November.
StarNet Names New President and CEO
Ridgefield, CT, December 18, 2006--The board of directors of StarNet Commercial Flooring Cooperative, the largest member-owned cooperative of independent, commercial floor covering contractors in North America, has appointed Jeanne Matson as its new presi
Consumer Prices Flat in November
Washingon, DC, December 15, 2006--Consumer prices were unchanged in November, as lower energy and car prices offset increases in costs for homeownership and medical care, the Labor Department reported Friday.
Lowe's Names Stone President and COO
Mooresville, NC, December 15, 2006--Lowe's has named Larry D. Stone to the post of president and chief operating officer, effective immediately. Stone will continue to report to Chairman and CEO Robert A. Niblock, who served as president since 2003.
Mohawk Expands Florida Distribution Center
Pembroke, FL, December 12, 2006--Mohawk signed a new long-term lease with KTR Capital Partners of New York for a 260,000 square-foot, build-to-suit distribution facility, expanding its already significant presence in the Seneca Industrial Park.
Consumer Sentiment Dips
Ann Arbor, MI, December 8, 2006--Consumer sentiment eroded slightly in December, according to researchers at the University of Michigan on Friday.
Foamex Names Markert Interim CFO
Linwood, PA, December 6, 2006--Foamex International has named Stephen E. Markert, Jr. interim chief financial officer, effective immediately.
Bentley Street Prince Partners With Starnet
City of Industry, CA, December 6, 2006--As part of its commitment to provide customers with holistic service and support, Bentley Prince Street has formed an alliance with StarNet Maintenance Services.