Linens 'n Things Quarterly Profit Up
Clifton, NJ, Feb. 4--Linens 'n Things Inc. on Wednesday said quarterly profit rose nearly 15 percent.
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Major Retailers Report Strong January Sales
New York, NY, Feb. 5--Record-breaking cold temperatures and clearance sales helped lift January sales above expectations for many of the nation's retailers.
Condo Sales Break Annual Record
Washington, DC, Feb. 4--Sales of existing condominiums and cooperatives surged to another annual record in 2003.
Interface Announces Closing of Debt Refinancing
Atlanta, GA, Feb. 4--Interface, Inc. today announced the closing of its private offering of $135 million aggregate principal amount of 9 1/2% senior subordinated notes.
AmericasMart Receives Think Big Award
Atlanta, February, 5--AmericasMart has been awarded Nebraska Furniture Mart’s inaugural Think Big Award according to Jeffrey L. Portman, president of AmericasMart parent AMC, Inc.
Formica Retirees Plan to Fight Cut
Cincinnati, OH, Feb. 5--Retirees of Formica Corp. are mobilizing to fight a company decision to reduce a portion of their pensions.
Additional Invista Leaders Announced
Wichita, KS, Feb. 5--Additional leaders have accepted key roles in the new Invista organization, pending successful completion of the Invista sale to KED Fiber Ltd. and KED Fiber, LLC, subsidiaries of Koch Industries, Inc.
Witex Names New Distribution Partner
Kennesaw, GA, Feb. 4--PTS has joined Witex's growing team of distribution partners.
Bane-Clene Celebrates 42nd Anniversary
Indianapolis, IN, Feb. 4--Bane-Clene Corporation celebrates 42 years in business today.
Federated Raises Outlook
Cincinnati, OH, Feb. 3--Federated Department Stores Inc., parent of Macy's and Bloomingdale's, on Tuesday reported a 5.5 percent jump in January sales at stores open at least a year, and raised its fourth-quarter earnings forecast.