Target to Sell Mervyn's for $1.65B
Minneapolis, MN, July 30—Target Corp. said it will sell its struggling Mervyn's discount department-store chain to a group of private-investment firms for about $1.65 billion.
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.
Home Depot Plans for New Tech & Customer Service C
Atlanta, GA, July 30--Home Depot said that the company is planning to establish a new technology center in Austin, Texas, and a separate customer service center for The Home Depot Supply division in New Braunfels, Texas.
Unifi to Acquire Invista’s Kinston Polyester Opera
Greensboro, NC, July 26--Unifi, Inc. has agreed to acquire the INVISTA polyester filament manufacturing assets, including inventories, located in Kinston, N.C.
Kronospan Looking At Alabama
Tuscaloosa AL, July 22--A German flooring company is close to making a $300 million to $400 million investment in Alabama.
Milliken Creates Guestrooms Business Unit
Milliken Carpet Hospitality Markets has established a Guestrooms business unit to spearhead design, product development and sales for guestrooms carpet.
Faus Group Names Director of Retail Services
Dalton, GA, July 13-- Faus Group, Inc. has appointed Steven A. Coppenger as Director of Retail Services.
Liz Claiborne Adds Lamps and Lighting to Home Coll
New York, NY, July 12--Liz Claiborne Inc. today announced that it has reached an agreement in principle with Currey & Company to design and manufacture lighting for the Liz Claiborne Home Collection.
Honeywell Increases Residential and Commercial Fib
Charlotte, NC, July 8—Honeywell has announced a price increase of five cents per pound ($0.05/lb) over the current price of residential and commercial bcf fiber and fiber-grade resins and three cents per pound ($0.03/lb) on all staple fiber products from
CCA Named Nusbaum Corporate Buyer
Manchester, NH, July 7--CCA Global Partners has announce the appointment of Ann Nusbaum, a 25-year veteran of the floor covering industry, to the company as the Corporate Buyer for Area Rugs and Window Treatments for all CCA divisions.
BASF Opens New Carpeting Tech Center in Dalton
Charlotte, NC, July 2-- BASF has opened a new Carpeting Technical Service Center in Dalton, Ga., with improved, state-of-the-art laboratory equipment that enhances the company's capabilities to support customers with application testing.