New Zealand Carpetmaker Cavalier Tops Profit for 3
Auckland, New Zealand, August 23--Cavalier Corporation has topped its forecasts with a 15 per cent jump in profit to $21 million for the June year, according to Stuff.co.nz.
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.
Unilin Changes Name
Thomasville, NC, August 23-- Unilin Decor NC LLC, based in Thomasville, has changed its name to Unilin Flooring NC LLC, to align with its parent company in Belgium, which changed its name to Unilin Flooring last year.
Kmart Finalizes Home Depot Transaction
Troy, MI, August 23—Kmart said it finalized a deal to sell 18 of its stores to Home Depot Inc.for $271 million.
Job Cuts Likely With Kmart's Sale to Home Depo
Troy, MI, August 23--Kmart Holding Corp.'s sale of 13 stores to The Home Depot Inc. could cost up to 1,200 Kmart employees their jobs in coming months.
Wall St.'s Nest Egg - The Housing Sector
New York, August 23-- If there were any doubts that we're still living in the era of the stay-at-home economy, the rows of empty seats at the Athens Olympics should help erase them.
Forbo Rated Neutral
London, England, August 23-- Analysts at Pictet issue a "neutral" rating on Forbo. The target price is set to CHF250.
Persian Carpet Exports Hit $600M
Tehran, Iran, August 23--The value of Iran's hand-woven carpet exports reached $600 million last year, Commerce Minister Mohammad Shariatmadari said.
Robotic Vacuums Tend to be More Amusing than Funct
Boston, MA, August 23--A new generation of robotic vacuums is ready to do battle with dirt, dust and dog hair with more cleaning power and cunning than their ancestors could muster.
Wichita Entrepreneur Flourishes in the Cleaning Bu
Wichita, KS, August 20-- When his family's business, South Central Business Forms, closed, Paul Rodriguez found himself trying to figure out what to do with his life, according to the Wichita Eagle.
Pergo Names New Board Members
Trelleborg, Sweden, August. 19--At today's Extraordinary General Meeting at Pergo it was resolved to have nine Directors of the Board.