Stone Care of Texas Expands into Commercial Market
San Antonio, TX, October 17, 2005-- John Gormley the founder and owner of Stone Care of Texas Inc. began efforts to grow his business two years ago by expanding into the commercial marketplace.
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.
NRF: Retail Industry Sales Rise 7.0% in September
Washington, DC, October 17, 2005—Although the month of September was burdened with the impact of two hurricanes and much higher gas prices, retail sales continued to rise.
WL Ross and Lear Form Partnership to Explore Acqui
Southfield MI, October 17, 2005--WL Ross & Co. LLC and Lear Corp. said they have signed a framework agreement providing for a joint venture relationship to explore strategic acquisition opportunities.
Mannington Announces First 'Stand on a Better
Salem, NJ, October 18, 2005--Mannington announced the winners of the first-ever Stand On A Better World Awards.
Indian Government Calls for Carpet Industry to Add
Varanasi, India, October 17, 2005—The Indian government has called for technology-aided value addition to the quality of carpets manufactured in Varanasi-Mirzapur-Bhadohi belt so that the internationally-acclaimed products could continue to compete in the
Connor Announces Partnership for NCAA Men's an
Salt Lake City, UT, October 17, 2005--Connor Sport Court International announced a new, expanded partnership in which Connor Hardwood Courts becomes the official court surface for both the NCAA Men's and Women's Final Four.
Saks Swings to Profit in 2Q
Birmingham, AL, October 17, 2005--Saks Inc. in its second fiscal quarter reported net income of $8.2 million, or $0.06 per share, compared with a loss of $25.3 million, or $0.18 per share, a year earlier.
Foamex Receives Final Court Approval for $320 Mill
International announced that the U.S. Bankruptcy Court for the District of Delaware has granted final approval for the Company's $320 million debtor-in-possession (DIP) financing.
Industrial Production Falls 1.3% in September
Washington, DC, October 14, 2005--Industrial production dropped by 1.3% in September as Hurricanes Katrina and Rita knocked out oil rigs and refineries along the Gulf Coast.
Consumer Sentiment Falls in October
Ann Arbor, MI, October 14, 2005--The University of Michigan's preliminary index of consumer sentiment decreased to 75.4 in mid-October from 76.9 in September.