Saks Fires Execs After Markdown Probe
Birmingham, AL, May 10--Saks Inc. on Monday said it has fired its chief accounting officer and other top officers after an internal investigation into improper collections of markdown allowances.
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.
NWFA Offers 'How to Make Money on Every Job
St. Louis, MO, May 10--The NWFA has released the latest CD set in its management education series, "How to Make Money on Every Job."
Optimistic AmericasMart Exhibitors Renew Leases
Atlanta, GA, May 10--Liberty Oriental Rugs, Atlas Rug Corporation, Banilivi & Nabavian, Inc., French Accents Rugs & Tapestries and Vantage Industries have extended their commitment to the Area Rug Center with long term lease agreements.
Federal Court Orders Seizure of Chinese Tile Catal
Orlando, FL, May 10--Judge G. Kendall Sharp of the United States District Court for the Middle District of Florida issued two Orders of Seizure against Onna Ceramiche and its affiliates on May 6.
ServiceMaster 1Q Earnings Off
Downers Grove, IL, May 10--ServiceMaster Co. posted a slightly lower first-quarter profit partly due to unfavorable March weather.
UK’s Stonell Direct Offers a 'Chocolate Box
London, England, May 10--Stonell Direct, the UK’s only national natural stone flooring company, has introduced a range of new stones.
Beaulieu Honors 83-Year-Old Territory Manager Joe
Dalton, GA, May 9--Joe Mascari is one of six territory managers working in the Atlanta, Georgia area for Beaulieu Residential.
Flexco Names 2004 Distributor of the Year
Tuscumbia, AL, May 9--Flexco recently named Flintile, Inc. as Flexco 2004 Distributor of the Year.
Renewals Drive Growth at AmericasMart Area Rug Cen
Atlanta, GA, May 9--Chaman Antique Rugs and Eliko Antique & Decorative Rugs have again elevated their commitment to AmericasMart with long term lease renewals.
Wholesale Inventories Up 0.4%
Washington, DC, May 9—Wholesale inventories increased 0.4% in March as wholesales grew by 0.2% during the month, according to the Commerce Department.