British Carpet Firm Reports More Losses
Kilmarnock, Scotland, May 6--Troubled carpet manufacturer Stoddard International has had a tough year, but bosses say ‘a much leaner business’ has been created in Kilmarnock.
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.
StarNet Adds New Member
Ridgefield, CT, May 6--Lori Dowling, president and CEO of StarNet Commercial Flooring Cooperative, announces the acceptance of G&W Commercial Flooring, Inc. in Seattle, WA, as a member.
Martha Stewart Living Posts Larger Than Expected L
New York, NY, May 7--Martha Stewart Living Omnimedia Inc. on Friday posted a larger than expected quarterly loss, hurt by an advertising drop-off at its media properties during its high-profile founder's criminal trial.
Congo to Resume Hardwood Exports to EU
Brazzaville, Congo, May 7--The Congo Republic is to resume exports of afrormosia hardwood to the European Union, officials said Friday, after the EU suspended imports for several months amid concerns that excessive lumbering would drive the trees to extin
Update: Asbestos Talks End Without Agreement
Washington, DC, May 7--Talks aimed at creating a national fund to compensate U.S. asbestos victims have ended after no agreement was reached, a source familiar with the discussions said on Thursday.
Foamex Announces First Quarter Results
Linwood, PA, May 6--Foamex International Inc. today announced its 2004 first quarter results.
Retail Sales Retrench a Bit in April
New York, NY, May 6--After a strong spending pace the first three months of the year, consumers retrenched a bit in April, leaving many retailers with modest sales gains for the month.
Home Depot to Acquire Construction Supply Firm
Atlanta, GA, May 6--Home Depot announced today that it has entered into an agreement to acquire White Cap Construction Supply, Inc.
Service Sector Continues to Expand
Tempe, AZ, May 5--The U.S. service sector grew at a brisk pace last month while employment and prices rose, according to a report released Wednesday by a private research group.
Brazil’s Ceramic Exports Expected to Rise
Brasilia, Brazil, May 6--The Brazilian association of the ceramic makers towards coating Anfacer (Associacao Nacional dos Fabricantes de Ceramica para Revestimento) expects a 20% increase in exports to US$300 million this year.