Pier 1 June Same-Store Sales Off 18%
Fort Worth, TX, July 6, 2006--Pier 1 Imports reported that sales for the five-week period ended July 1, 2006 that were off 15.7% to $143.3 million.
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.
WarmlyYours Rolls out Spa Package
Lake Zurich, IL, July 5, 2006--WarmlyYours has unveiled the very latest in home comfort solutions: its new Bathroom Spa Package, comprising of its popular bathroom floor warming systems and its brand-new line of premium Towel Warmers.
Armstrong Intros CushionStep
Lancaster, PA, July 3, 2006--Armstrong Floor Products introduces CushionStep an exciting innovation that offers comfort, style and flexibility, and creates a unique alternative to other hard surfaces that can be cold and unforgiving underfoot.
Feltex May Have Rescuer
Wellington, New Zealand The prospect of Talley's Fisheries as the new cornerstone shareholder for Feltex has eased fears the troubled carpet maker could be heading for receivership.
Banks Delay Action Against Feltex
Wellington, New Zealand, July 3, 2006--Carpet-maker Feltex says its bankers won't take any action over breaches of its loan facilities, at least until late September.
ServiceMaster Names Spainhour CEO
Downers Grove, IL, July 1, 2006--ServiceMaster Co., said Friday it appointed J. Patrick Spainhour as chairman and chief executive officer.
Marmoleum Click Names Merle B. Smith Distributor
Hazleton, PA, June 30,2006--Forbo Flooring has named Merle B. Smith Co., the largest wood distributor in the Midwest, as a distributor of Marmoleum click.
Lowe's To Open New Texas Data Center
Mooresville, NC, June 29, 2006--Lowe's said it will locate a new data center in San Antonio, Texas.
Fed Hikes Rates to 5.25%
Washington, DC, June 29, 2006--The Federal Reserve raised interest rates Thursday at its 17 straight meeting. The move, which was expected, brings the Fed funds rate from a four-decade low of 1% to 5.25%, its highest level since March 2001.
Flooring Adventures Launches Tuff-Seal Garage Tile
Richmond, VA, June 29, 2006--Flooring Adventures launched Tuff-Seal Garage Flooring to beautify residential garage spaces.