Armstrong Names Beth A. Riley Director of Investor
Lancaster, PA, June 23--Armstrong Holdings, Inc. appointed Beth A. Riley as director of Investor Relations. Riley will serve as the primary contact between Armstrong and the investment community.
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.
Merchants Sue Banks for Alleged Price-Fixing
Minneapolis, MN. June 23--A law firm representing a group of small businesses around the country on Thursday said it has filed a lawsuit against the nation's biggest banks charging them with illegally fixing prices of credit card transaction fees.
Three AmericasMart Exhibitors Complete Showroom Ex
Atlanta, GA, June 23—-Three AmerciasMart exhibitors — Obeetee, Inc., Zollanvari and Delos — have each completed major showroom expansions.
UK’s Victoria Earnings Drop 21%
Kidderminster, England, June 23—-Carpet producer Victoria today said a difficult year had resulted in a 21% fall in annual profits to £3.73 million, according to the Scotsman.com.
Bed, Bath & Beyond 1Q Earnings Up 21%
Union, NJ, June 23--Bed, Bath & Beyond reported first quarter earnings that were up 21 percent to $98.9 million, or $0.33 per a share, verses $82 million and $0.27 per share a year ago.
Hardwood Flooring Shipments Retain Momentum
Memphis, TN, June 22--Hardwood flooring shipments for May 2005 were reported at 59,116,000 board feet, an 11% increase over the previous month’s shipments.
Innovision Flooring Named U.S. Distributor for LG
Kenilworth, NJ, June 22--Innovision Flooring Corp. has been named the U.S. distributor for LG Floors, manufacturers of durable, multi-functional commercial vinyl flooring.
Concord Global Takes Atlanta Showroom
New York, NY, June 22--Turkish area rug company Concord Global Trading has moved into a permanent showroom space at the AmericasMart in Atlanta.
Carpetright Could Pull Rug on Listing
Rainham, England, June 22—-Carpet king Lord Harris of Peckham has a lot in common with grumpy, woolly-faced multi-millionaire Sir Alan Sugar.
Painful Wait for Feltex Workers
Wellington, New Zealand, June 22--Feilding, Foxton, Dannevirke and Kakariki, near Halcombe, could have to wait until Christmas for news on whether they will keep their jobs, according to Stuff.co.nz.