Armstrong Reports 1Q Results
Lancaster, PA, April 27, 2006--Armstrong Holdings, Inc., in the first quarter reported net sales of $876.6 million that were 4% higher than first quarter net sales of $840.7 million in 2005.
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.
Mohawk 1Q Earnings Up Slightly
Calhoun, GA, April 27, 2006--Mohawk Industries, Inc., today announced first quarter net sales of $1.93 billion compared to $1.49 billion in first quarter 2005, an increase of 29%.
Consumer Confidence Improves in April
New York, NY, April 25, 2006--The Conference Board Consumer Confidence Index, which had increased in March, improved further in April.
Home Depot To Buy Home Decorators Collection
Atlanta, GA, April 25, 2006--Home Depot announced a definitive agreement to acquire Home Decorators Collection, a leader in catalog and online sales of home decor merchandise. Home Decorators Collection will become part of Home Depot Direct, the direct-to
Martha Stewart and Safavieh Partner on Rug Line
New York, NY, April 24, 2006--Martha Stewart Living Omnimedia, Inc. announced a multiyear agreement with Safavieh, a leading manufacturer and importer of fine rugs, to manufacture a new line of Martha Stewart-branded area rugs for the company.
Interface Sells its European Fabrics Division
Atlanta, April 24, 2006--Interface, Inc. today announced that it has sold its European fabrics division (Camborne Holdings Limited) for approximately $28 million in cash. Proceeds from the sale will be used to pay down debt or reinvest in the company'
Home Building Gets Greener, Earth Day Nears
Washington, DC, April 21, 2006--As the nation prepares to celebrate Earth Day, home building finds itself at the brink of a new era with the line between traditional and green building continuing to fade, said the National Association of Home Builders.
Report: Amtico for Sale at Auction for £100m ($178
London, England, April 21, 2006--Luxury flooring manufacturer Amtico is up for sale with a £100m (US$178.2m) price-tag, according to a report in the Daily Telegraph.
Mohawk’s 2006 Ad Campaign to Net Over 1.2B Impress
Dalton, GA, April 20, 2006--Mohawk’s 2006 consumer advertising campaign will use print and television to make more than 1.2 billion impressions targeted to floorcovering shoppers across the nation. The campaign will be seen in more than 30 magazines and o
Penney to Open 50 New Stores Per Year
Plano, TX, April 20, 2006--J.C. Penney Co., executives said Wednesday that the department store chain will boost earnings and open 50 new stores per year, its most aggressive expansion in more than two decades.