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.
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.
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.
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.
ROY Awards Highlight 2005 Summer Atlanta Rug Marke
Atlanta, GA, July 20--The July 2005 Atlanta International Area Rug Market, co-sponsored by the Oriental Rug Retailers of America (ORRA), gave retailers an exciting and unmatched selection of merchandise that only the nation’s largest collection of area ru
The Conference Board Launches New Help-Wanted Onli
New York, NY, July 20--The Conference Board Help-Wanted OnLine Data Series – which made its debut today – shows that there were just over 2 million first-time, online job postings appearing on major Internet job boards in June.
Interface Expands Offering of Environmentally Pref
Atlanta, GA, July 19--Less than two years after becoming the first carpet manufacturer to achieve third-party Environmentally Preferable Product (EPP) certification, Interface Flooring Systems has now received certification for its entire i2™ line of modu
Chain Stores Sales Up Last Week
New York, NY, July 19--Chain store retail sales rose 0.3 percent in the week ended July 16, compared with a 0.1 percent rise the previous week, according to a joint report from the International Council of Shopping Centers and UBS.
Hilton Aims to Become First LEED-Rated Hotel
Vancouver, WA, July 19--The Hilton Vancouver in Vancouver, Washington does not have the traditional canopied driveway leading to its main entrance.
Matsushita Intros Temperature Adjusting Carpet
Osaka, Japan, July 19--Matsushita Electric has launched an electric carpet that automatically adjusts temperature according to the movement of people.
Back to School Spending Expected to Slide 8%
Washington, DC, July 19--Though clothing, shoes, and school supplies will be strong sellers for the back-to-school season this year, spending in the electronics category will be tempered, according to the findings of a new National Retail Federation surve