Trial Of Two Ex-Kmart Execs Begins
Troy, MI, Nov. 4--A federal prosecutor on Monday described two former Kmart executives as engaging in a conspiracy of lies and deceit to inflate the discount retailer's earnings.
Today's Flooring News
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Construction Spending Up
Washington, DC, Nov. 3--U.S. construction spending climbed in September, fueled by another strong month of home building.
Mohawk U. Sets 2004 Course and Training Programs
Dalton, GA, Nov. 4—Mohawk University, the training division of Mohawk Industries, will be even more valuable to retailers in 2004.
Mannington Commercial Rolls Out New Environmental
Calhoun, GA, Nov. 4--Mannington Commercial announces that packaging on all carpet tile shipments has been converted from cardboard boxes to shrink bundling.
Home Depot Pumps Up Advertising
Atlanta, GA, Nov. 3--While the nation's top college football teams were making big plays during Survival Saturday last weekend, Home Depot was making a big play for fans' attention.
BioOil Cogeneration Plant Construction Schedule Se
Vancouver, BC, Nov. 4--DynaMotive Energy Systems Corporation, Erie Flooring and Wood Products, Magellan Aerospace Corporation's Orenda division, Bruks-Klockner, Ramsay Machine Works and UMA Engineering announced today that the construction schedule fo
Key To Business Success Is Growth
San Jose, CA, Nov. 3--Many American, European and Asian corporations have succumbed to a no-growth paralysis that threatens the health of the domestic and international business community.
Mohawk Refinances Credit Line
Calhoun, GA, Oct. 31--Mohawk Industries Inc. said Friday that it refinanced its $450 million revolving credit line with a $300 million credit line Sept. 30, according to its quarterly report filed with the Securities and Exchange Commission.
Consumer Spending Drops
Washington, DC, Oct. 31--Consumer spending fell in September, reflecting a dropoff in auto sales. Income edged higher but the savings rate fell to its lowest level in almost two years.
Brintons U.S. Axminster To Reduce Work Force
Greenville, MS, Nov. 3--Technological advancements and sluggish market conditions are the main reasons cited for the layoff of 150 hourly and salaried employees at the company’s production facilities in Greenville, Mississippi.