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.
London, England, February 10—-Victoria PLC will discontinue production of the famous Axminster carpet, with the loss of 85 jobs at its Kidderminster plant, according to a report in the Financial Times.
Chattanooga, TN, February 10--Tricycle, Inc. president Jonathan Bragdon announced that Josh Chappelear has been named U.S. sales manager at Apso.
Nashville, TN, February 9--You could see how much his point had hit home. You could hear it too, with the soft murmurs filling the packed room.
Hoffman Estates, IL, February 9—-Sears will open a new type of store this spring to build up its presence outside of its traditional shopping mall space.
San Francisco, CA, February 9--Visa USA said that consumers' use of debit and prepaid cards helped drive total spending up 19.1 percent last year to a record $1.045 trillion.
Cleveland, OH, Feburary 9--Sherwin-Williams said that Christopher M. Connor, chairman and chief executive officer, has established a trading plan in accordance with Rule 10b5-1 of the Securities Exchange Act.
Whitehall, PA, February 9--Tarkett Residential won HOME magazine’s 2005 American Building Product Award in the flooring category for FiberFloor.
Monroe, MI, February 9--La-Z-Boy Inc. said its third quarter earnings fell 27 percent from the previous year despite a sales increase, as the company's selling, general and administrative costs increased 24 percent.
Gonzales, LA, February 9--Crown Crafts reported net sales for the third quarter of fiscal year 2005, which ended December 26, 2004, of $20.7 million, which is the same as net sales for the third quarter of fiscal year 2004.
Washington, DC, February 9--Home sales will be down from the high-water marks set in 2004 but are expected see the second-best year on record in 2005, according to the National Association of Realtors.