Chain Store Sales Up 0.7% Last Week
New York, NY, May 10-—Chain store sales were up 0.7% in the week ended May 7 compared with the week before, on a seasonally adjusted, comparable-store basis.
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.
May Department Store’s 1Q Earnings Drop
St. Louis, MO, May 10--May Department Stores, which has agreed to be acquired by Federated Department Stores, reported earnings of $41 million, or $0.13 per share, versus $76 million, or $0.24 per share, in the same period a year earlier.
Louisiana Primed for Flooring Industry
Baton Rouge, LA--May 10--According to a study of Louisiana’s forest population, the state has abundant timber resources available to establish the manufacturing of High Density Fiberboard (HDF) laminate flooring.
Mohawk ColorCenter and FloorScapes Retailers Partn
Dalton, GA, May 10--Mohawk has become an Industry Partner with the American Society of Interior Designers (A.S.I.D.).
Home Sales to Benefit From Slower Mortgage Interes
Washington, DC, May 10--Mortgage interest rates have been trending up less than expected, a pattern that should continue through next year.
Tennant CEO Janet Dolan to Retire in 2006
Minneapolis, MN, May 9--Tennant Co., a maker of industrial floor maintenance equipment, said that president and CEO Janet Dolan intends to retire in sometime in 2006.
Wholesale Inventories Up 0.4%
Washington, DC, May 9—Wholesale inventories increased 0.4% in March as wholesales grew by 0.2% during the month, according to the Commerce Department.
Oriental Weavers Planning a Facility in Turkey
Istanbul, Turkey, May 9--Many international companies did not think of entering the Turkish market a few years ago.
Recycle Georgia Launched by RecycleNet Corp.
Salt Lake City, UT, May 9--RecycleNet Corporation announced today the launch of Recycle Georgia (www.recyclegeorgia.net) an online waste exchange.
TCNA Offers Handbook for Ceramic Tile on CD
Anderson, SC, May 9--Produced by the Tile Council of North America, Inc. (TCNA), the CD-ROM version of the 2005 Handbook for Ceramic Tile Installation offers hyperlinks between ANSI standards and the Handbook.