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.
St. Paul, MN, January 18--3M Co said its earnings grew 16.3 percent in the fourth quarter. The company earned $720 million, or $0.91 per share, up from $619 million, or $0.77 per share, a year ago. Sales rose 7.9 percent to $5.09 billion from $4.72 billio
Stamford, CO, January 18--MeadWestvaco Corp. has agreed to sell its papers business, including several mills and forest land, for $2.3 billion to a private buyout group so it can focus on its packaging business.
New York, NY, January 18--The National Retail Federation (NRF) released its 2005 forecast today, predicting that general merchandise store sales will in increase 3.5 percent from last year.
Raleigh, NC, January 17--Pergo has appointed Paul Duval as the company’s new vice president of sales. Duval joined the company January 10, 2005.
St. Louis, January 17--The chairman and CEO of May Department Stores Co. resigned Friday, the company said. It did not give a reason for the resignation.
Berkshire, England, January 17-- Barloworld Handling - a division of South African diversified brands group Barloworld (BAW) - has secured an agreement worth more than R90 million to supply Hyster equipment and services to Beaulieu of America.
Spring Hill, TN, January 17--Judy and Robert Wakefield have just celebrated their first year in business as Spring Hill Furniture and Oriental Rugs.
Washington, DC, January 17--After four consecutive record years, home sales should ease but remain close to record levels in 2005, according to the National Association of Realtors.
London, England, January 17--Laminate Flooring Direct PLC said it expects to incur a loss for the year to August 31, 2004 after lower than expected margins and certain prior year costs and despite a 12 pct increase in like for like sales, according to Int
Dallas, TX, January 14--One Surfaces 2005 attendee gets to travel to the show this year in first-class style. Gary Howard, Gil’s Carpet, Martinez, CA, won a trip for two to Surfaces through an all-new program.