Strong Consumer Indicators Don’t Match Wal-Mart’s
New York, June 30--Consumer confidence may be surging, but tell it to companies like Wal-Mart, Target and General Motors.
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.
Weyerhaeuser to Sell 304,000 Acres of Timberland
Federal Way, WA, June 30-- Weyerhaeuser will sell approximately 304,000 acres of timberlands in Georgia to four companies, officials announced today.
Kinder, Gentler Big-Box Stores Open in Suburbia
Gurnee, IL, June 29--A shopper-friendly crop of big-box stores is sprouting up in U.S. suburbs, featuring wider aisles and colorful signs, in contrast to the "stack-'em-high, sell-'em-cheap" model perfected by Wal-Mart.
Florida Retailer Plans Two New Stores
Pompano Beach Fl, June 29--One of the state's oldest and largest family owned furniture, floor covering retailers has Sarasota and Port Charlotte in its sights, according to the Sarasota Herald-Tribune.
Earnings at UK’s Carpetright Up 31%
Rainham, England, June 29-- Carpetright Plc, Britain's largest carpet retailer, said annual profit climbed 31 percent after it cut prices to lure shoppers and reduced costs.
Tennant Sales Force Gains IICRC Certification
Minneapolis, MN, June 29--Tennant Company, the world’s leading manufacturer of surface maintenance equipment, today announced it has advanced to become the only such company to offer comprehensive carpet care solutions.
Shaw Ceases Production of PVC
Dalton, GA, June 29--Shaw Industries Inc. announced its exit from Polyvinyl Chloride (PVC) carpet backing, effective at the end of this year.
Tarkett Wood Puts New Spin on Old Standard
Johnson City, TN, June 29--With the upward spiral of inflation in building products, finding quality materials at a good value is on the minds of homeowners and contractors alike.
Chain Store Sales Off on Cool Weather
New York, NY, June 29--U.S. chain store sales weakened in the latest week, due to unseasonably cool weather throughout the country, which lowered purchases of air conditioners, fans and other summer items, a report said on Tuesday.
Crook Named Sr. Market Mgr., Carpet Dow Emulsion P
Midland, MI, June 29--Dow Emulsion Polymers, a worldwide leader in latex-based carpet backing technology, has named Todd Crook to the role of senior marketing manager for its North American Carpet business.