Sears, Roebuck & Co., the United States’ largest department store chain, plans to discontinue its carpet sales and installation operations in February.
A new 14-page floor covering industry white paper, released today by the National Floor Covering Distributors (NAFCD), National Wood Flooring Association (NWFA), and Indian River Consulting Group, sheds new light on how U.S. flooring distributors have responded to structural change in the flooring industry during the 1990s and debunks some of the dour developments industry observers had predicted for this industry segment over the decade.
The Dow Chemical
Co. and Reichhold Inc. have announced the beginning of operations for Dow Reichhold Specialty Latex LLC, a specialty latex joint venture.
The market for existing single-family home sales rose in November and set the stage for a possible record year, according to the National Association of Realtors (NAR).
The Conference Board's Consumer Confidence Index, which had declined dramatically over the past three months, rebounded with unanticipated strength in December.