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.
New York, NY, Feb. 26--Consumer confidence fell in February to its lowest level in nearly ten years. The Conference Board’s Consumer Confidence Index fell almost 15 points to 64.0, its lowest reading since October 1993, from 78.8 in January.
Dalton, GA, Feb. 26--This April 22-24, the American Floorcovering Alliance (AFA) will host the biannual FloorTek Expo at the Northwest Georgia Trade and Convention Center in Dalton.
Wichita, KS, Feb. 25--Koch Industries has denied a report that it’s buying DuPont Textile & Interiors.
Atlanta, GA, Feb. 26--Home Depot co-founder Arthur Blank said the home improvement retailer could boost sales and earnings by balancing an efficiency drive with a commitment to great customer service.
Washington, DC, Feb. 26--Mohawk Industries sees capital spending of $120 million to $140 million for 2003, according to the company's annual report.
Troy, MI, Feb. 26--Kmart Corp. said it’s found evidence supporting possible legal action against former chief executive Charles Conaway for allegedly hiding the retailer's deteriorating finances from the board in the months before the company filed fo
Charlotte, NC, Feb. 24--BASF Corporation will increase prices 11% on all residential bulked continuous filament (BCF) nylon carpet products and 4% to 7% on all commercial carpet nylon fiber products.
Atlanta, GA, Feb. 25--The Home Depot had record net earnings of $3.7 billion ($1.56 per diluted share) for fiscal 2002, compared with net earnings of $3.0 billion ($1.29 per diluted share) the year before.
Washington, DC, Feb. 21--Mortgage rates fell this week, setting new lows that economists predicted would spell more good news for the housing industry. The average interest rate on a 30 year, fixed rate mortgage dipped to 5.84% for this week
Atlanta, Feb. 24--Home Depot launched a new national advertising campaign last night with a 60-second branding spot during the Grammy Awards on CBS.