Universal Forest Products 3Q Earnings Up 20%
Grand Rapids, MI, October 12-- Universal Forest Products announced record results for the third quarter, including a 20% increase in net earnings.
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.
Sears Launches Multicultural Makeover
Hoffman Estates, IL, October 8--In a deepening commitment to Hispanic, African American and Asian shoppers across the country, Sears, Roebuck and Co. is revamping 97 of its full-line stores this month to enhance the retail experience for diverse multicult
Tarkett Responds to Congoleum’s Patent Infringemen
Farnham, Québec, October 6--Tarkett is in receipt of Congoleum’s allegations of infringement on Congoleum U.S. Patent #6,730,388 B2 and has no information suggesting that Tarkett is in violation of that patent.
Global Plastic Companies Have Plans for Biodegrada
Bombay, India, October 4-- The world's largest producers of synthetic polymers or conventional plastics are making feverish attempts to develop biodegradable plastics or bio-polymers.
SI Flooring Systems Increases Carpet Backing Price
Calhoun, GA, September 30-SI Flooring Systems is announcing a 6% price increase across its entire product line of carpet backing products as a result of escalating raw material prices and higher fixed costs. The price increase is effective on all shipment
NAFCD Announces Moderators for Panel Discussions
Chicago, September 30 – Distributors have the opportunity to know the minds of leaders from all levels of the supply chain at the upcoming National Association of the Floor Covering Distributors 33rd Annual Meeting.
Lowe's Holding Line on Vendors Price Hikes, Ad
New York, September 29--Lowe's Cos. suppliers are seeking price increases more often these days, but vendors aren't necessarily getting them, a company official said Tuesday.
Kohl's Names Eskenasi to Develop Private Brand
Menomonee Falls, WI, September 28--Kohl's Corp. has named Peggy Eskenasi executive vice president of product development, a newly created position.
Foam Maker Recycles Waste for Carpet Backing
Mebane, NC, September 22-- Armacell, a manufacturer of foam insulation, used to send millions of pounds of waste to the Orange Regional Landfill, according to the Durham, NC, Herald-Sun.
Chain Store Sales Off 1.1%
New York, September 21--Chain store sales fell in the latest week mostly because the imperfect nature of adjusting for seasonality more so than consumers lack of shopping, a report said on Tuesday.