Kmart Holding Posts Smaller 2Q Loss
Troy, MI, Aug 28--Kmart Holding posted a much narrower loss in its fiscal second quarter amid lower expenses despite a 21% drop in sales.
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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.
Harris Tarkett To Increase Prices
Johnson City, TN, Aug. 28--Harris Tarkett has announced it will increase prices on all prefinished product shipments effective October 1.
Dan River Announces Organizational Changes
Danville, VA, Aug. 29--Dan River Inc. today announced personnel and organizational changes related to the upcoming retirement of Richard L. Williams, 69, President and Chief Operating Officer. Williams will move to the position of Vice Chairman on August
Court Approves Auction Of Pillowtex Assets
Eden, NC, Aug. 29--U.S. Bankruptcy Court on Thursday approved Pillowtex's bid to sell off all its plants, equipment and brand names for at least $56 million at an Oct. 2 auction.
Consumer Spending Increases
Washington, DC, Aug. 29--Personal spending climbed in July as consumers continued to help fuel the economic recovery.
Sears To Close Three Great Indoors Stores
Hoffman Estates, IL, Aug. 29--Sears, Roebuck & Co. said Thursday that it plans to close three underperforming Great Indoors home-decorating stores
Economy Grows In 2nd Quarter
WASHINGTON (AP) - The U.S. economy emerged from the doldrums in the second quarter of this year and grew at a solid 3.1 percent annual rate, a better performance than the government thought just a month ago.
Honolulu To Host NWFA 2005 Convention
Honolulu, HI, Aug. 28--The managers of the Hawaii Convention Center say they've got a new convention booking, just one day after a convention of executives who make decisions about where their own conventions are held, according to Pacific Business Ne
DuPont Donates 16,000 Acres To Conservation Fund
Wilmington, DE, Aug. 27--DuPont today announced that it is donating approximately 16,000 acres of land, immediately adjacent to the Okefenokee National Wildlife Refuge in southeast Georgia, to The Conservation Fund.
U.S. Retail Executives More Optimistic
Chicago, IL, Aug. 28--U.S. retailing executives are feeling more optimistic that the sector is finally on the mend after months of disappointing sales, according to a survey released on Wednesday