Goodfellow’s 2Q Earnings Off
Delson, Quebec, March 23--Goodfellow Inc., Canada’s largest distributor of hardwood flooring, saw its net profits fall in the fiscal second quarter on lower sales.
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.
UK's Topps Tiles Warns of Sales Declines
Cheshire, England, March 23--Topps Tiles has joined the ranks of retailers suffering in the current UK consumer downturn.
Consumer Prices Up 0.4%
Washington, DC, March 23--The consumer price index in February rose a seasonally adjusted 0.4 percent, according to the Labor Department.
Tarkett Sports to Defend its Rights
Frankenthal, Germany, March 23--Over the last ten years, Tarkett Sports has established itself among the leaders in the sports flooring sector - progress driven by innovation, and underpinned by the strength of the Tarkett Group.
Home Depot Not Worried About Rising Rates
New York, NY, March 23--Home Depot Inc. doesn't expect its growth to be hurt when interest rates rise or home building slows, chief financial officer Carol Tome said Tuesday.
Flexco Appoints Michael Kahn Southeast Sales Manag
Tuscumbia, AL, March 23--Flexco, a leading manufacturer of rubber, vinyl and ESD control commercial flooring, recently appointed Michael Kahn as sales manager of the company’s newly created Southeast territory.
Research and Markets Offers Info on Chinese Market
Dublin, Ireland, March 22--Research and Markets has announced the addition of Chinese Markets for Building Materials 2005 to their offering.
Georgia May Permit Logging River Bottoms
Cairo, GA, March 22--A century after loggers stopped using Georgia's rivers to move their product, the state Legislature is considering a bill to let divers extract sinkers.
Vornado to Back Sears-Kmart Deal
Paramus, NJ, March 22--Vornado Realty Trust said it would support Kmart's $12 billion acquisition of Sears, quashing speculation the real estate company would make its own bid for the struggling department store.
UK Carpetmaker Hugh Mackay in Administration
Durham, England, March 22--The firm has made carpets for palaces and leading hotels, but now one of the country's leading carpet makers has put its factory in Durham into administration, according to the BBC.