Flooring America Members Persevere in Wake of Katr
Manchester, NH October 3, 2005--The effects of Hurricanes Katrina and Rita have been far-reaching, touching the lives of most Americans.
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.
UK’s Carpetright Sales Off
Rainham, England, October 3, 2005--Carpetright, the UK's largest carpet retailer, warned yesterday that the consumer slowdown was continuing, after reporting a sharp slide in sales as customers reined in their spending on refitting new homes.
Manufacturing Expands in September
Tempe, AZ, October 4, 2005 -- Manufacturing activity was surprisingly robust in September as new orders jumped in the aftermath of Hurricane Katrina, while August construction spending rose at a record rate, data released on Monday showed.
Unilin Pushes Forward With ITC Case
Thomasville, North Carolina, October 3, 2005 – Less than two months after the institution by the International Trade Commission of its investigation called ‘Certain laminated floor panels,’ 19 of the 32 parties have already chosen to drop out of the case.
Reinhart Resigns as Dow CFO
Midland, MI, October 4, 2005 -- Dow Chemical Co. chief financial officer J. Pedro Reinhard resigned effective October 1, the company said in a filing with the Securities and Exchange Commission on Monday.
Wal-Mart Rotates International and U.S. Execs
Bentonville, AR, October 3, 2005--Wal-Mart said on Friday that the heads of its U.S. and international operations would switch roles as the world's biggest retailer struggles to boost sluggish sales growth at home and abroad.
Feltex Hopes Restructuring Will Increase Earnings
Wellington, New Zealand, October 3, 2005--Feltex has asked its shareholders to hang in there regarding details on the extent of its restructuring, which is expected to improve profitability. Details will be unveiled in two weeks.
Scandian Names Patterson VP Sales & Marketing - No
Virginia Beach, VA, October 3, 2005-- Scandian Industries has named John T. Patterson to the newly created position of vice-president of sales and marketing-North America.
Construction Spending Up in August
Washington, D.C., October 3, 2005--Spending on construction projects increased 0.4% in August, according to the Commerce Department. It was the biggest increase in three months.
Home Depot Closer to Opening in China
Atlanta, GA, October 3, 2005—-According to the Atlanta Journal-Constitution, Home Depot has moved a step closer to opening stores in China, a key growth frontier with a $50 billion home improvement market.