Pergo/Witex Merger Gets Antitrust Approval
Trelleborg, Sweden, Feb. 20— The merger between Pergo and Witex is conditional upon approval from antitrust authorities in Germany and Sweden.
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.
Solutia To Increase Nylon Fiber Prices
St. Louis, MO, Feb. 21--Solutia will increase its prices on nylon carpet fibers for both the residential and commercial carpet market segments. An increase of up to 13% will be effective March 3 for residential carpet fibers, and April 1 for commercial ca
Wal-Mart’s Earnings Up
Bentonville, AK, Feb. 18--Wal-Mart Stores' fourth quarter earnings were up 16.3%, beating analysts expectations. In the quarter the company posted earnings of $2.53 billion, or $0.57 per share, compared to $2.19 billion, or $0.49 per share, a year ea
Interface Reports 4th Quarter and Year End Loss
Atlanta, GA, Feb. 19--Interface announced results for the fourth quarter and fiscal year ended December 29, and also announced its intent to sell or otherwise create a joint venture or strategic alliance for its raised flooring business, Interface Archite
DuPont Outlines Sustainability Position for the 21
Denver, Feb. 17--DuPont Central Research and Development Vice President Dr. Uma Chowdhry today will deliver the topical lecture, "Sustainability and Integrated Science for the 21st Century," at the American Association for the Advancement of Science (AAAS
Industrial Production Up
Washington, DC, Feb. 14--Industrial production made a comeback in January, rising 0.7% from the month before, while businesses boosted inventories the month before--a pair of promising signs for the struggling economy.
WFCA Installation Contest Winners Named
Las Vegas, NV, Feb. 12—The World Floor Covering Association’s National Installation Contest took place at Surfaces at the end of January.
Federated Realigns Internet Stores
Cincinnati, OH, Feb. 14--Bloomingdale's By Mail and macys.com are being realigned to operate under their respective namesakes, according to Federated Department Stores.
Burlington Files Chapter 11 Plan Based On Berkshir
Greensboro, NC, Feb. 12--Burlington Industries has filed papers in its Chapter 11 case to further its deal with Berkshire Hathaway, although the move doesn't stop it from pursuing a competing proposal from WL Ross & Co.
Retail Sales Pulled Down By Slow Auto Sales
Washington, DC, Feb. 13--Sales at the nation's retailers dropped 0.9% in January from the previous month. According to the Commerce Department, the decline in retail sales followed a 2% rise in December, the biggest drop in four months and a weaker pe