Retailers' December Sales Up
New York, NY, January 6—-The nation’s top retailers including Wal-Mart, Federated Department Stores and Best Buy posted December sales gains after steep discounts spurred a late surge in holiday shopping.
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Weekly Jobless Claims Up on Seasonal Factors
Washington, DC, January 6--Initial jobless claims jumped unexpectedly last week by 43,000, taking claims to their highest level since late September, a government report showed on Thursday -- but an official noted there were seasonal adjustment difficulti
Surfaces '05 Tops 1,000 Exhibitors, Sets Recor
Dallas, TX, January 6--Surfaces '05, which will take place January 26-28 at the Sands Expo Center in Las Vegas, will have more than 1,000 exhibiting companies.
UK’s Stoddard Goes Into Receivership
Kilmarnock, Scotland, January 6—-Stoddard International went into receivership on Thursday after failing to secure a last-ditch financial lifeline from its bankers according to business.scotsman.com.
2005 Builders' Show Anticipates Over 90,000 At
Orlando, FL, January 6--Upwards of 90,000 are expected to show up for their industry’s largest annual trade show and exposition, the 2005 International Builders’ Show.
Environmental Home Center Reopens
Seattle, WA, January 5--Environmental Home Center (EHC), the nation's first sustainable building supplier, announced that its showroom is now open to the public.
3M Contributes $1.5M to Tsunami Relief Efforts
St. Paul MN, January 5--3M announced it will donate $1.5 million to help with the relief efforts in the Southern Asian countries devastated by the earthquake and tsunamis.
Honeywell to Donate $1M to Tsunami Relief Efforts
Morris Township, NJ, January 5—-Honeywell announced that it will donate $1 million to assist with relief efforts for areas damaged by the recent tsunamis in Asia.
Fed Minutes Reveal Rates Likely to Keep Rising
Washington, January 5--At the Fed's Dec. 14 meeting, policymakers boosted the federal funds rate by one-quarter percentage point, marking the fifth increase in this key rate in 2004.
Hicks Named JCPenney President
Plano, TX, January 5--J.C. Penney Co. has named Ken Hicks president and chief merchandising officer, the retailer said Tuesday.