Wholesale Prices Up In June
Washington, DC, July 11--After dropping for two months in a row, wholesale prices went up by 0.5 percent in June, largely reflecting sharply higher costs for gasoline and other energy products.
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.
Q.E.P. First Quarter Earnings Up
Boca, Raton, FL, July 10--Q.E.P. CO., today announced financial results for its fiscal 2004 first quarter ended May 31, 2003.
New Process Could Make Cotton Carpet Flame Proof
New Orleans, LA, July 11--Demand for cotton-based carpeting and rugs, a $10 billion market dominated by synthetic fibers such as nylon, polypropylene and polyester, could improve because of a new flame-retarding treatment...
Retailers Report Slow Sales Growth
New York NY, July 11--Several major retailers, including J.C. Penney Co. and Target Corp., shaved their second quarter earnings outlook, as they reported slow sales growth in June, their second most important month.
Warren Buffett Lunch Goes For $250,000
San Francisco, CA, July 11--A bidder at an auction conducted in San Francisco Thursday night and on auctioneer eBay's Web site agreed to pay $250,000 to lunch with Warren Buffett, the world's second richest man.
Texas Home Builder Expands
Arlington, TX, July 11--Steve Wall, President and CEO of Choice Homes, one of the top 20 builders in the United States, announced Choice's expansion into New Braunfels, TX with the opening of North Park Meadows.
FloorExpo Launches Multi Family Solutions
Marietta, GA, July 10--FloorExpo has announced the formation of Multi-Family Solutions, a brand which will be utilized under the FloorExpo umbrella to specifically target the multi family flooring market through a new division.
Flooring America Names Senior Vice President
Manchester, NH, July 10--Vinnie Virga has joined Flooring America as its Senior Vice President, a newly created position.
Lowe's Looking to Dominate Installed Sales Mar
Boston, MA, July 10--Looking to dominate the installed sales market, Lowe’s is rolling out a completely new strategy.
Trust Fund For Asbestos Criticized
Washington, DC, July 10--Eleven companies that are negotiating some of the largest potential asbestos-exposure payouts to victims, would pay $15 billion less under an alternative plan in Congress to create a trust fund, according to a study by some victim