Linens 'n Things Posts 2Q Loss
Clifton, NJ, July 20--Linens 'n Things reported a loss of $5.9 million, or 13 cents per share, for the second quarter ended July 2, compared with a profit of $97,000, or nil per share, a year earlier.
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.
Sears Canada's 2Q Earnings Up
Toronto, Ontario, July 20--Sears Canada Ltd. reported a larger second-quarter profit on Wednesday on higher sales and said it is still evaluating options for its credit card unit and will make a decision in the third quarter.
Specter: No Asbestos Vote Until Fall
Washington, DC, July 20--Senator Arlen Specter, chairman of the Senate Judiciary Committee, said on Wednesday that the asbestos bill, which would create a $140 billion compensation fund, is not expected to come up on the Senate floor before the August rec
Honeywell 2Q Earnings Off, Raises Full-Year Estima
Morris Township, NJ, July 20--Honeywell International Inc. said its quarterly earnings fell 15 percent after the company incurred a tax charge for the repatriation of $2.7 billion in foreign earnings.
Omnova Solutions Expands Asia-Pacific Presence
Fairlawn, Ohio, July 20--Adhesive maker Omnova Solutions Performance Chemicals business has established Omnova Performance Chemicals Trading (Shanghai) Co., Ltd. ("OMmnova Asia") to enhance and further expand the company's presence in the Asia-Pacific
The Conference Board Launches New Help-Wanted Onli
New York, NY, July 20--The Conference Board Help-Wanted OnLine Data Series – which made its debut today – shows that there were just over 2 million first-time, online job postings appearing on major Internet job boards in June.
ROY Awards Highlight 2005 Summer Atlanta Rug Marke
Atlanta, GA, July 20--The July 2005 Atlanta International Area Rug Market, co-sponsored by the Oriental Rug Retailers of America (ORRA), gave retailers an exciting and unmatched selection of merchandise that only the nation’s largest collection of area ru
Hilton Aims to Become First LEED-Rated Hotel
Vancouver, WA, July 19--The Hilton Vancouver in Vancouver, Washington does not have the traditional canopied driveway leading to its main entrance.
Interface Expands Offering of Environmentally Pref
Atlanta, GA, July 19--Less than two years after becoming the first carpet manufacturer to achieve third-party Environmentally Preferable Product (EPP) certification, Interface Flooring Systems has now received certification for its entire i2™ line of modu
Chain Stores Sales Up Last Week
New York, NY, July 19--Chain store retail sales rose 0.3 percent in the week ended July 16, compared with a 0.1 percent rise the previous week, according to a joint report from the International Council of Shopping Centers and UBS.