Home Depot CEO Sees No Impact From Rising Rates
Atlanta, GA, Sept. 11--Home Depot Chairman Robert Nardelli said on Wednesday the home improvement retailer has not seen an impact on its business from an increase in interest rates.
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.
Inflation Pressures Increase
New York, NY, Sept. 9--Inflationary pressures in the U.S. jumped in August, spurred in part by strong growth in real estate loans.
Mannington Launches Fall Promotion
Salem, NJ, Sept. 9--Mannington Mills has announced a fall promotion for flooring products featuring DuPont Teflon Surface protector.
Sears Canada To Carry Martha Stewart Everyday Line
Toronto, Canada, Sept. 9--Sears Canada, Inc. and Martha Stewart Living Omnimedia, Inc. today announced the official launch of Martha Stewart Everyday.
Anderson-Tully Cutting Some Jobs
Vicksburg, MS, Sept. 9--One of Vicksburg's largest employers says it has eliminated four administrative positions but plans to bring in additional jobs from its Memphis offices.
Pergo Restructures Sales Team
Raleigh, NC, Sept. 9--In order to better meet the needs of its customers, Pergo recently restructured its specialty retail sales organization.
Goldman Sachs Downgrades Home Depot
New York, NY, Sept. 9--Goldman Sachs downgraded Home Depot to "In-Line" from "Outperform" and lowered its view on the hardlines retail sector to "Cautious" from "Neutral".
Judge In Martha Stewart Case Rules--No Leak To Pre
New York, NY, Sept. 9--The U.S. attorney in New York doesn't have to investigate whether the government improperly leaked details of Martha Stewart's indictment before it was publicly announced in June, a federal judge ruled Monday.
Armstrong To Increase Solid Hardwood Prices
Lancaster, PA, Sept. 8--Armstrong has announced it will initiate an average 10% price increase on selected solid hardwood products within its Bruce, Hartco and Robbins brands effective with shipments on November 17.
Interface's Anderson In Corporate Documentary
Toronto, Canada, Sept. 9--A provocative, entertaining, and at times chilling documentary that explores the role of corporations in our lives will debut at the Toronto International Film Festival today and it is bound to have people buzzing.