HOME DEPOT HAS DROP
IN THIRD QUARTER
SALES AND EARNINGS

ATLANTA, GA – The Home Depot has reported  declines in both sales and earning for the third fiscal quarter of  2008.

NEW MOON IN PARTNERSHIP
WITH NAZMIYAL COLLECTION

NEW YORK – New Moon, the importer specializing in contemporary Tibetan rugs, has entered partnership with antique rug dealer, Nazmiyal Collection. A party at the Nazmiyal showroom in New York City celebrated the new alliance.

By Lissa Wyman

ASHEVILLE, NC --  It's no secret that the economy is hurting, but Rug & Home continues to move forward by being more creative than ever.

AMERICASMART TO HOST
MAGNIFICENT CARPET AWARDS
SATURDAY, JANUARY 10

ATLANTA – AmericasMart Atlanta will host America's Magnificent Carpets Awards on Saturday, Jan. 10 at 5:30 p.m. at the Grand Ballroom of the Marriott Marquis Hotel. The awards ceremony marks the industry's highest honor for rug introductions.  

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7 W NEW YORK TO HOST
WINTER SAMPLE SALE

NEW YORK – 7 W New York will host a Winter Sample Sale, December 1 to 3, 2008. The gift and home decor showroom building is located at 7 West 34th St., New York.

LV WORLD MARKET CENTER NAMES
MCKAY SENIOR VICE PRESIDENT

LAS VEGAS – Tradeshow industry veteran Phillip McKay has been named senior vice president of World Market Center, according to Robert Maricich, president and chief executive officer of the company.

BRINTONS PROMOTES
OLDFIELD AND CHAUHAN

ATLANTA – Brintons has appointed Mark Oldfield to the newly-created post of national accounts manager and Sanjay Chauhan to serve as design and sales manager in the Washington D.C. trading area.

AMERICASMART EXPANDS
MARKET TEMPORARY EXHIBITS

ATLANTA, GA – Americasmart will expanded its Temporaries exhibits during the January 2009 markets, here.The market Temporaries will span the entire four-building campus and will give buyers 5,100 booths full of product in 28  home and gift categories . There will be  600 first-time exhibitors and four new product destinations.

DALLAS, TX -- Funeral services will be held Monday, Nov. 17 at 10 a.m. for Jeanne Carroll, director of advertising and marketing for Feizy Rugs. She  died suddenly on Nov. 11, 2008. She was 52.

COURISTAN ENTERS PARTNERSHIP WITH
THAILAND CARPET MANUFACTURER TO
MAKE AXMINSTER BROADLOOM PRODUCTS

FORT LEE, NJ - - In a major tactical move designed to significantly reduce production costs for its Hospitality Concepts Division, Couristan Inc. has entered into a long term partnership with The Thailand Carpet Manufacturing Co. Ltd (commonly known as Royal Thai).

SAFAVIEH ROLLS OUT EXPANDED
SMALL-SAMPLE DISPLAY PROGRAMS

PORT WASHINGTON, NY -- Safavieh has expanded two small-sample display programs in order to provide maximum flexibility for both stocking and special-order retailers. Both programs use 18-in. x 24-in. samples. All Safavieh collections are now part of the small-sample systems.

ALBUQUERQUE, NM --American Home, the 11-store furniture retailer in New Mexico and Arizona, has filed for Chapter 11 bankruptcy.

By Lissa Wyman

SADDLEBROOK, NJ -- Nourison, one of the world's largest rug vendors, is also a pioneer in product diversity. Six years ago, Nourison entered the high end broadloom business and this product category continues to grow in importance for the 29 year-old company.

HAVERTY AND FURNITURELAND SOUTH
ADOPT ONLINE INTERIOR DESIGN PROGRAM

LONDONDERRY, NH – Harverty Furniture Companies, Inc. and Furnitureland South have chosen an Internet program from 20-20 Icovia that allows consumers to make interior design and space planning decisions using a virtual model of their homes.

COMPANY C UNVEILS FIRST
HOLIDAY COLLECTION

CONCORD, NH – Company C has released its first holiday collection, consisting of 10 rugs and 6 decorative pillows.  The products are now available in specialty retailer stores nationwide.

NOURISON CLOSING HIGH POINT
SHOWROOM AT 190 MARKET SQUARE

SADDLE BROOK, NJ -- Nourison is closing its High Point Showroom at 190 Market Square, the company has confirmed.

ORIENTAL WEAVERS NAMED
VENDOR OF THE YEAR BY
HOME DECORATORS COLLECTION

ST LOUIS – Oriental Weavers has been named Home Decorators Collection’s 2008 Vendor of the Year. The award was made at the retailer’s recent vendor conference here. The company was also recognized for having the lowest return rate of any supplier.