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.
Clifton, NJ, June 10--Linens 'n Things has updated its second quarter 2005 earnings outlook to a loss in the range of $0.11 to $0.15 per share on a fully diluted basis, from the previous outlook of earnings of $0.03 to $0.09 per fully diluted share.
Washington, DC, June 10--The trade deficit widened 6.3% to $57.0 billion in April, according to the Commerce Department. The gap, despite record exports, was the largest increase since last October.
Chicago, IL, June 10--Macy's online business expects its traffic to increase 40% this year, Kent Anderson, president of Macys.com, said.
Waregem, Belgium, June 10--Various members of the De Clerck family have signed a statement of intent and are currently conducting negotiations on setting up a new joint industry group.
Chicago, IL, June 10--Sustainable design company Tricycle, Inc. will unveil its online calculator at NeoCon World's Trade Fair.
West Melbourne, FL, June 10--Miami-based Floors Today, a retail company that sells wood and laminate flooring, opened two weeks ago in a former Eckerd drugstore site in West Melbourne, according to Floridatoday.com.
Beijing, China, June 9--The 10th Southeast Asia and Greater China Convention of the American Hardwood Export Council (AHEC) welcomed visitors in Beijing.
Bronx, NY, June 9--Globus Cork Inc. won a Platinum level ADEX award. The ADEX Awards are sponsored by Design Journal, an international trade magazine for interior designers and architects.
Atlanta, GA, June 10--The Home Depot Inc. has signed a lease for 318,000 square feet at the Haines Industrial Center in Burlington County, N.J.
Horsham, PA, June 9--Homebuilder stocks have been on a tear, with housing and real estate prices soaring in many parts of the country, but Joel Rassman doesn't think the industry faces a speculative bubble.