Pergo & Classen Group Form Partnership
Trelleborg, Sweden, May 14--Pergo is a major Swedish laminate flooring company with leading positions in the markets especially in North America and Europe.
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.
Shaw Presents Advantage 04 Program to Retailers
Dalton, GA, May 14--Shaw Industries recently completed presentations of its Shaw Advantage 04 program to floorcovering retailers throughout the country.
Target's Earnings Rise
Minneapolis, MN, May 13--First-quarter earnings at Target Corp. jumped 25% as the company's namesake discount store continued to carry its other two sluggish divisions.
Sears to Trim Size of Sears Grand Stores to Boost
Hoffman Estates, IL, May 14--In recent months, Sears, Roebuck and Co. has opened two freestanding Sears Grand stores--each exceeding 200,000 square feet.
Oil Prices Crimp Profits for Carpet Industry
New York, NY, May 12--According to a report from Reuters a rapid surge in oil prices has pulled the rug out from under the U.S. carpet industry.
Armstrong DD GrassMaster Gets Olympic Workout
Lancaster, PA, May 13--The 2004 Olympic Games’ football (soccer) competitions scheduled in the Panthessaliko Stadium in Volos, Greece will play out on DD GrassMaster.
Wal-Mart's Earnings Rise
Bentonville, AR, May 13--Wal-Mart on Thursday reported a 16% increase in earnings for the latest quarter on a 14% rise in sales.
Armstrong Wins Golden Hammer Award
Lancaster, PA, May 12--Armstrong Flooring, the leading manufacturer of resilient, hardwood, laminate and ceramic floor products for the professional and retail markets is a Golden Hammer Award winner for the third consecutive year.
Sears Sees Potential for 500 Sears Grand Stores
Hoffman Estates, IL, May 13--Sears, Roebuck and Co., which until now has announced plans for only five freestanding Sears Grand discount stores, now believes its new off-mall format has the potential for up to 500 locations.
Retail Sales Fall in April
Washington, DC, May 13--Retail sales retreated more than expected during April, pulled back by an auto sector decline.