Wilsonart Names Director of Sustainability
Temple, TX, Jul 21, 2008--Rajesh Ramamurthy has been promoted to a newly created position, director of Wilsonart sustainability.
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.
Lowe's To Open Three Stores in Ontario
Mooresville, NC, July 21, 2008-- Lowe’s Cos. Inc. said it will open three more stores in Canada by the end of February in Belleville, Whitby and South Windsor, Ontario.
Chain Store Sales on The Rise
New York, NY, July 22, 2008--Chain-store sales for the week ended July 19 rose 2.5 percent, their biggest gain since Dec. 22, from the year-ago period, according to the International Council of Shopping Centers and UBS Securities.
Shaw Hospitality Partners With Designer Adams
Dalton, GA, July 21, 2008--Shaw Hospitality Group is partnering with contemporary designer Angela Adams.
Mohawk Q2 Earnings Fall 23 Percent from 2007
Calhoun, GA, July 21, 2008-- Mohawk Industries Inc. reported second quarter net earnings of $89 million and diluted earnings per share of $1.29.
DuPont Earnings Higher Than Expected
Wilmington, DE, July 22, 2008--DuPont posted higher-than-expected quarterly earnings due to strong demand for its corn and soybean seeds.
Luxury Institute Says More Shoppers Using Web
New York, NY, July 21, 2008--Wealthy consumers are increasingly turning to the Internet to find the goods and services they need, but some marketers are still missing out, according to a recent report from the Luxury Institute.
Conference Board Report Shows Weakening Economy
Washington, DC, July 21, 2008--The economy may weaken further this year, according to a report from the Conference Board.
Rising Costs Taking Toll on U.S. Businesses
Washington, DC, July 21, 2008--More companies in the U.S. say they will increase prices and hold the line on hiring as rising raw-material costs hurts profits, according to the National Association for Business Economics.
Former Feltex Directors May Face Legal Action
Auckland, New Zealand, July 21, 2008--Feltex's liquidator plans to push ahead with legal action against seven former directors of the failed carpet maker, according to reports.