Retail Sales Up 1.7%
Washington, DC, July 14--Retail sales were up a seasonally adjusted 1.7 percent in June, on a rebound in automobile sales, according to the Commerce Department.
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.
Florida Retailer a No-Frills Interior Designer
Fort Myers, FL, July 14--Larry Landberg could add the interior decorator title to his business, but the lifelong floor covering and window treatment specialist prefers to keep it simple, according to the News-Press.
Trade Gap Declines on Record Exports
Washington, DC, July 13--Stronger demand for U.S. products overseas helped to reduce the trade deficit in May, the Commerce Department said Wednesday.
May, Federated Shareholders Vote on Merger
Cincinnati, OH, July 13--Federated Department Stores and May Department Stores are looking to have their merger in place in time for the holiday shopping season.
No Date for Asbestos Bill Reaching Senate Floor
Washington, DC, July 13--The co-author of a bill creating a $140 billion asbestos compensation fund said on Tuesday he was still pushing for it to be brought to the Senate floor in July, but the Senate's majority leader said no decision had been made
ASID Releases Results of Survey on Small, Medium I
Washington, DC, July 13--ASID has released a new research report, Inside Small and Medium Design Firms. The report provides a unique look into small- and medium-sized firms--their make-up, operations, projects undertaken and products specified.
Ireland’s Kingspan Says 1H Earnings `Well Ahead
Cavan, Ireland, July 12-- Kingspan Group Plc, Ireland's largest maker of flooring and insulation panels, said its first half results were ``well ahead'' of the year earlier period as demand rose and pressure on raw material costs eased.
Sears Names Joan Chow Senior VP and Chief Marketin
Hoffman Estates, IL, July 12--Sears has named Joan Chow, 44, to the post of senior vice president and chief marketing officer for Sears Retail, effective immediately.
T.J. Maxx Parent to Open Home Furnishings Stores
St. Petersburg, FL, July 12--TJX Cos. is planning to open several of its new HomeGoods stores in the Tampa Bay area in the next few years.
Retail Profits Off in 3Q 2004, Sales Up
Washington, DC, July 12--After-tax profits of retail corporations with assets of $50 million and over totaled $11.4 billion in the third quarter 2004, down $1.6 billion from the preceding quarter but up $1.8 billion from the same quarter a year ago.