Collins & Aikman Reports 2Q Loss
Troy, MI, August 2—Auto interior supplier Collins & Aikman Corp. reported a second-quarter loss Monday, but company officials said many of those problems won't occur in coming quarters.
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.
Martha Stewart Living Posts Wider 2Q Loss Then Exp
New York, NY, August, 3-- Martha Stewart Living Omnimedia posted a loss of $19.29 million, or 39 cents per share, in the second quarter, in contrast to a profit of $931,000, or 2 cents per share, in the year-ago period.
Weekly Chain Store Sales Up Modestly
New York, August 3-- U.S. chain store sales rose modestly last week, helped by cool weather, back-to-school shopping and state sales tax holidays in Florida and Georgia, a report said on Tuesday.
New Gel Mats Made with Soybeans
Paxton, IL, August 3-- Steve Glazik lifts a shiny blue bowling ball and drops it onto the concrete floor of his company's front office. He's not practicing a new bowling move, but proving a point about a new floor mat, according to the News-Gazett
Minuteman’s 2Q Sales & Earnings Up
Addison, IL, August 2-- Floor-care equipment and chemicals manufacturer Minuteman International reported increased sales and net income for the second quarter of 2004 compared with the second quarter of 2003.
Mohawk, Flooring Retailer Hit With $5.4M Judgment
Nashville, TN, August 3--A Cool Springs, Tennessee carpet retailer plans to appeal a jury verdict awarding $5.4 million in damages to a competitor, its attorney said Monday.
ASCR Provides Insurance for Remediation and Drying
Millersville, MD, August 3--The Association of Specialists in Cleaning and Restoration (ASCR) is addressing one of the most pressing issues for mold remediation and drying contractors – obtaining insurance coverage at reasonable rates.
Consumers Crave New Kitchen and Bath Luxury
North Olmsted, OH, August 3--It's paying $2,000 for a granite kitchen countertop instead of $600 for a laminate version, or spending $3,500 for a custom-designed refrigerator rather than $300 for a basic model. What are we talking about?
Oil Prices Hit New Highs
New York, August 3-- Oil prices soared to a new record high above $44 a barrel on Tuesday after OPEC said it couldn't immediately boost production.
Consumer Spending Off 0.7% in June
Washington, August 3-- Personal income grew modestly in June, while consumer spending took its biggest drop since September 2001.