AFL-CIO Opposes Asbestos Bill
Washington, DC, April 25--The AFL-CIO labor federation said it opposed recently introduced legislation to create a $140 billion asbestos fund.
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.
Furnishings Industry’s Future Is Tentative
Washington, DC, April 26--A surge in house buying and home improvement, helped by a maturing baby-boom generation with cash to spare, has created a profitable few years.
Price Increases Impact Kentucky Retailers
Owensboro, KY, April 25--Certainly, it's no secret that the price of crude oil plays havoc with the cost of gasoline and other fuels, such as natural gas.
Linda Garriott Design Joins RugMark
Washington, D.C., April 25--Linda Garriott Design, LLC of Medford, MA is the newest member to join RugMark’s effort to eliminate child labor in the carpet industry and offer educational opportunities to children in India.
Armstrong’s Lancaster Plant Shifting to Residentia
Lancaster, PA, April 21--Armstrong, according to the Lancaster New Era, has begun converting the residential flooring section of its Lancaster plant into the only section of the plant.
Costco Expects to Miss Expectations
Issaquah, WA, April 22--Costco Wholesale said it expects third quarter and full year earnings will be below Wall Street expectations.
Newspaper: Home Depot to Expand Floor Store Test
Atlanta, GA, April 22—-It was reported in the Atlanta Journal-Constitution that Home Depot is expanding its Floor Store test to five additional locations in metro Dallas.
Congoleum in Face-Off with Insurance Underwriters
London, England, April 25--A $1 billion asbestos-related lawsuit involving Lloyd's of London underwriters and Equitas is due to kick off this week.
Sears Canada Q1 Earnings Slip
Toronto, Ontario, April 22--Sears Canada is sticking to its strategic plan despite a first-quarter operating loss of $3.8 million.
E-Commerce Growth to Outpace Total Retail Spending
New York, NY, April 25--E-commerce revenues jumped more than 25% last year, and annual gains look to continue to run in the healthy double-digit range through 2008, according to eMarketer estimates.