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.
Pound Ridge, NY, May 16—Floor Focus magazine is currently conducting its annual Retail Survey. The online survey is quick and confidential. Retailers who participate will have a chance to win a $500 cash prize from DuPont Stainmaster.
Washington,DC, May 16--Consumer prices fell by 0.3 percent in April, the biggest decline in 18 months, led by a retreat in energy prices as the Iraq war wound down. Prices for cars, clothes and food also went down.
New York, NY, May 15--Most American homeowners consider their homes to be their most significant investment, so it's no surprise that some 26 million of them undertake an improvement project every year. According to the new Johnnie Walker Red Label Ho
Washington, DC, May 16--Democrats involved in efforts to write bipartisan asbestos legislation have questioned a Republican proposal to leave major decisions to presidentially appointed commissions, a letter obtained by Reuters said on Thursday.
New York, NY, May 15--Wall Street expects Home Depot Inc. and Lowe's Cos. next week to report higher first-quarter earnings in line with forecasts, even though bad weather and the war in Iraq kept many do-it- yourselfers away from stores.
Cincinnati, OH, May 16--McSwain Carpets has purchased McSwain Hardwood Flooring Co. for an undisclosed amount. The combined company will operate under the McSwain Carpets name, according the Cincinnati Business Courier.
Washington, DC, May 14--Low mortgage interest rates and a strong underlying demand for housing drove total state existing-home sales to a new record in the first quarter of 2003.
Mercerville, NJ, May 14--Congoleum Corporation reported its financial results for the first quarter ended March 31, 2003.
Cincinnati, OH, May 15--Federated Department Stores Inc. said that first-quarter profits fell 48 percent, but those earnings exceeded analysts' expectations because store-closing costs were lower than expected.
New York, NY, May 14--Pillowtex Corp., maker of Cannon, Fieldcrest and Royal Velvet blankets and towels, said it is reviewing its 2002 financial statements and might report an additional $2 million loss.