Mervyns To Liquidate Inventory, Real Estate
Hayward, CA, Oct. 20, 2008--Mervyns department store chain has confirmed a plan to close its remaining 149 stores and liquidate store inventory and real estate.
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.
3M Reports Higher Profit on Overseas Sales
Maplewood, MN, Oct. 21, 2008--3M Co.said its third-quarter profit increased 3 percent on higher international sales led by growing demand from Latin America.
HIRI Expects Home Improvement Gains in 2009
Tampa, FL, Oct. 21, 2008--The home improvement market hadn’t seen a decline since 1991, according to the Home Improvement Research Institute.
DuPont Income Falls on Hurricane Impact
Wilmington, DE, Oct. 21, 2008--Chemical manufacturer DuPont Co. says hefty hurricane-related charges helped drive third-quarter earnings down 30 percent, and it has cut its 2008 forecast on weakening North American and Western European demand.
Ardex, Henry Named ReSource Preferred Supplier
Aliquippa, PA, Oct. 21, 2000--Ardex Engineered Cements along with its sister company, The W.W. Henry Company, have been selected as a preferred supplier to the ReSource Commercial Flooring Network.
Carpet Court Franchisees Form New Venture
Auckland, New Zealand, Oct. 20, 2008--A band of disaffected Carpet Court franchise owners has formed a new rival retail flooring venture.
Brintons Names New Chairman
Kidderminster, UK, Oct. 17, 2008--Brintons, the largest producer of custom woven Axminster carpet, has appointed Andrew Walker as chairman of the company.
New Compact Nourison Display Shows 100s Rugs
High Point, NC, Oct. 20, 2008--Rug firm Nourison has created a way for a retailer to show hundreds of SKUs to consumers in 20 square feet of floor space, and will show it off at this week's High Point Market.
Shaw Upgrading Alabama Extrusion Plant
Dalton, GA, Oct. 20, 2008--Shaw Industries said it will implement two projects representing a multi-million dollar investment in its Andalusia extrusion plant.
Clarkson Study To Look at Carpet, Dust Control
Potsdam, NY, Oct. 20, 2008--The U.S. Department of Housing and Urban Development's Office of Healthy Homes and Lead Hazard Control Program has awarded $500,000 to Clarkson University.