Visa Says Debit Cards Boost '04 Spending
San Francisco, CA, February 9--Visa USA said that consumers' use of debit and prepaid cards helped drive total spending up 19.1 percent last year to a record $1.045 trillion.
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.
Sherwin-Williams CEO Establishes Trading Plan
Cleveland, OH, Feburary 9--Sherwin-Williams said that Christopher M. Connor, chairman and chief executive officer, has established a trading plan in accordance with Rule 10b5-1 of the Securities Exchange Act.
FiberFloor Wins HOME 2005 American Building Produc
Whitehall, PA, February 9--Tarkett Residential won HOME magazine’s 2005 American Building Product Award in the flooring category for FiberFloor.
Mohawk: Training & Education Key at ColorCenters
Nashville, TN, February 9--You could see how much his point had hit home. You could hear it too, with the soft murmurs filling the packed room.
Sears to Open New Off-Mall Stores
Hoffman Estates, IL, February 9—-Sears will open a new type of store this spring to build up its presence outside of its traditional shopping mall space.
La-Z-Boy Earnings Off 27%
Monroe, MI, February 9--La-Z-Boy Inc. said its third quarter earnings fell 27 percent from the previous year despite a sales increase, as the company's selling, general and administrative costs increased 24 percent.
Crown Crafts Earnings Up in 3Q
Gonzales, LA, February 9--Crown Crafts reported net sales for the third quarter of fiscal year 2005, which ended December 26, 2004, of $20.7 million, which is the same as net sales for the third quarter of fiscal year 2004.
NAR: Housing Market to be at Near-Record Levels in
Washington, DC, February 9--Home sales will be down from the high-water marks set in 2004 but are expected see the second-best year on record in 2005, according to the National Association of Realtors.
Beazer Shareholders Approve Split
Atlanta, GA, February 8--Beazer Homes USA Inc. said its stockholders and the board approved a previously announced three-for-one stock split and raised the dividend, which effectively triples the prior payout.
Stanton & Nourison Win Wools of New Zealand Compet
Atlanta, GA, February 8--Retailers visiting the Wools of New Zealand’s booth at Surfaces 2005 were invited to participate in the company's annual Fashion Dynamics competition.