Sears Sets Shareholder Election Deadline
Hoffman Estates, IL, March 17--Sears shareholders have until March 24 to decide whether to take cash, stock or a combination of the two under the proposed buyout of Sears by discounter Kmart.
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.
Neiman Marcus May be on the Block
Dallas, TX, March 17--Capitalizing on a white-hot luxury market, Neiman Marcus, the department-store retailer synonymous with status shopping, said Wednesday it may put itself up for sale.
Laminate Growing Rapidly in China
Beijing, China, March 16—-According to China Daily, laminated floor boards are becoming increasingly popular in China.
Industrial Production Up 0.3% in February
Washington, DC, March 16--Industrial production rose 0.3 percent in February, according to a Federal Reserve report. The gain was in line with economists expectations.
BonaKemi Names Pacacha Director of Commercial Sale
Aurora, CO, March 16--BonaKemi USA has added Mark Pacacha as director of commercial sales.
Carpet Cleaner Jon-Don Opens 6th Location
Garland TX, March 16--With the unveiling of the sixth store here, Jon-Don anticipates their name in the carpet cleaning, janitorial and restoration supply industry to grow stronger and more prominent than ever.
Greenspan Issues Another Social Security Warning
Washington, DC, March 16—-Fed Chairman Alan Greenspan issued a fresh call to Congress Tuesday to move promptly to put Social Security on firm financial footing.
Antron Design Award Call for Entries
Atlanta, GA, March 16--The 22nd Antron fiber Design Award competition is now accepting entries.
Current Account Deficit Hits Record in 4Q
Washington, DC, March 16--The U.S. current account deficit widened to a record $187.9 billion in the fourth quarter, according to the Commerce Department.
U.S. Tile Company Blames China's Undervalued C
Washington, DC, March 15--David W. Johnson's tile company in Ohio once boasted 650 workers at four factories and 11 distribution centers that shipped ceramic tiles in 10,000 colors, shapes and sizes to customers around the world, including the White H