May, Federated Shareholders Vote on Merger
Cincinnati, OH, July 13--Federated Department Stores and May Department Stores are looking to have their merger in place in time for the holiday shopping season.
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.
Chain Store Sales Up Last Week
New York, NY, July 12--Chain store retail sales were uo 0.1 percent in the week ended July 9, compared with a 0.5 percent increase the previous week, the International Council of Shopping Centers and UBS said in a joint report.
T.J. Maxx Parent to Open Home Furnishings Stores
St. Petersburg, FL, July 12--TJX Cos. is planning to open several of its new HomeGoods stores in the Tampa Bay area in the next few years.
Retail Profits Off in 3Q 2004, Sales Up
Washington, DC, July 12--After-tax profits of retail corporations with assets of $50 million and over totaled $11.4 billion in the third quarter 2004, down $1.6 billion from the preceding quarter but up $1.8 billion from the same quarter a year ago.
Florida Retailer Reopens in a Big Way
Charlotte Harbor, FL, July 14--According to Don Kaminski, his new Flooring Warehouse is the area's largest flooring showroom.
Home Depot in Partnership to Create and Refurbish
Atlanta, GA, July 12--Home Depot and the national nonprofit organization KaBOOM! today announced an unprecedented community initiative to create and refurbish 1,000 playspaces in 1,000 days throughout North America.
Commerce Secretary Wants Results from Chinese Trad
Washington, DC, July 12--US commerce and trade officials say they want to see "results," not just promises, from China on trade issues such as protecting intellectual property rights and granting greater market access.
Ireland’s Kingspan Says 1H Earnings `Well Ahead
Cavan, Ireland, July 12-- Kingspan Group Plc, Ireland's largest maker of flooring and insulation panels, said its first half results were ``well ahead'' of the year earlier period as demand rose and pressure on raw material costs eased.
Sears Names Joan Chow Senior VP and Chief Marketin
Hoffman Estates, IL, July 12--Sears has named Joan Chow, 44, to the post of senior vice president and chief marketing officer for Sears Retail, effective immediately.
Canada Housing Starts Up 7%
Toronto, Ontario, July 11--New home construction in Canada beat analysts' expectations with a 7.2 percent rise in June, its highest level of the year, data from Canada Mortgage and Housing Corp. showed on Monday.