Bangladesh Government Plans to Re-Open Jute Mills
Dhaka, Bangladesh, July 20--Seeing a surge in the demand for jute products in international markets, the Bangladesh government is planning to revamp the sector.
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.
Wal-Mart Opens First Environmentally Sustainable S
McKinney, TX, July 20--Wal-Mart has announced the opening of a new supercenter in McKinney, Texas, which will also serve as an experimental store.
NeoCon East Returns to Baltimore Convention Center
Baltimore, MD, July 20--NeoCon East brings the NeoCon brand of diverse resources to the Mid-Atlantic region contract industry Sept. 14-15, 2005.
Radici Seeks Key Position in European Fiber Sector
Prague, Czech Republic, July 20--At a special conference here, from June 24-25, Italy's Radici Group outlined the changing face of the European fiber and yarn sector, specifically for the flooring industry.
Survey: Workers Wasting Time Costs Billions
Needham, MA, July 20--According to a new survey by America Online and Salary.com, the average worker admits to frittering away 2.09 hours per 8-hour workday, not including lunch and scheduled break-time.
Linens 'n Things Posts 2Q Loss
Clifton, NJ, July 20--Linens 'n Things reported a loss of $5.9 million, or 13 cents per share, for the second quarter ended July 2, compared with a profit of $97,000, or nil per share, a year earlier.
Sears Canada's 2Q Earnings Up
Toronto, Ontario, July 20--Sears Canada Ltd. reported a larger second-quarter profit on Wednesday on higher sales and said it is still evaluating options for its credit card unit and will make a decision in the third quarter.
Specter: No Asbestos Vote Until Fall
Washington, DC, July 20--Senator Arlen Specter, chairman of the Senate Judiciary Committee, said on Wednesday that the asbestos bill, which would create a $140 billion compensation fund, is not expected to come up on the Senate floor before the August rec
Honeywell 2Q Earnings Off, Raises Full-Year Estima
Morris Township, NJ, July 20--Honeywell International Inc. said its quarterly earnings fell 15 percent after the company incurred a tax charge for the repatriation of $2.7 billion in foreign earnings.
Omnova Solutions Expands Asia-Pacific Presence
Fairlawn, Ohio, July 20--Adhesive maker Omnova Solutions Performance Chemicals business has established Omnova Performance Chemicals Trading (Shanghai) Co., Ltd. ("OMmnova Asia") to enhance and further expand the company's presence in the Asia-Pacific