Consumer Spending Increases
Washington, DC, Aug. 29--Personal spending climbed in July as consumers continued to help fuel the economic recovery.
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.
Court Approves Burlington's Reorganization Dis
Greensboro, NC, Aug. 28--The Bankruptcy Court has approved the company's disclosure statement setting forth the terms of its Plan of Reorganization and other information relating to its proposed emergence from Chapter 11 as well as proposed procedures
Kmart Holding Posts Smaller 2Q Loss
Troy, MI, Aug 28--Kmart Holding posted a much narrower loss in its fiscal second quarter amid lower expenses despite a 21% drop in sales.
Harris Tarkett To Increase Prices
Johnson City, TN, Aug. 28--Harris Tarkett has announced it will increase prices on all prefinished product shipments effective October 1.
Sears To Close Three Great Indoors Stores
Hoffman Estates, IL, Aug. 29--Sears, Roebuck & Co. said Thursday that it plans to close three underperforming Great Indoors home-decorating stores
Economy Grows In 2nd Quarter
WASHINGTON (AP) - The U.S. economy emerged from the doldrums in the second quarter of this year and grew at a solid 3.1 percent annual rate, a better performance than the government thought just a month ago.
U.S. Retail Executives More Optimistic
Chicago, IL, Aug. 28--U.S. retailing executives are feeling more optimistic that the sector is finally on the mend after months of disappointing sales, according to a survey released on Wednesday
DuPont Donates 16,000 Acres To Conservation Fund
Wilmington, DE, Aug. 27--DuPont today announced that it is donating approximately 16,000 acres of land, immediately adjacent to the Okefenokee National Wildlife Refuge in southeast Georgia, to The Conservation Fund.
Honolulu To Host NWFA 2005 Convention
Honolulu, HI, Aug. 28--The managers of the Hawaii Convention Center say they've got a new convention booking, just one day after a convention of executives who make decisions about where their own conventions are held, according to Pacific Business Ne
Nebraska Furniture Mart Hopes To Rev Up Market
Kansas City, MO, Aug. 27--Bruce and Paula Copsey didn't mind driving more than an hour to hunt for a bedroom set for their teenage son, according to the Kansas City Star.