Will Big Boxes Saturate The American Landscape?
New York, NY, June 3 - Lowe’s chairman and CEO Robert Tillman told analysts he's not concerned about big boxes overruning the American landscape.
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.
Pennsylvania Flooring Company on Track for Revival
Quehanna, PA, June 4--In northeast Clearfield County, an area thin with substantial employers, a Virginia manufacturer and state aid have come together to resurrect a failed flooring manufacturer, according to the Pittsburgh Post-Gazette.
Burlington Seeks More Time to Assemble Chap 11 Pla
Greensboro, NC, June 3--Burlington Industries Inc. has made progress in its Chapter 11 case, but the clothing company still needs more time to stitch together a modified reorganization plan.
Mohawk Opts Out of Surfaces 2004
Dalton, GA, June 3—Mohawk has announced that it will not exhibit at Surfaces 2004, and, in response to dealer requests, will instead focus on expanding its regional dealer product launch meetings.
U.S. Seeking Martha Stewart Indictment
New York, NY, June 3--Federal prosecutors are seeking a criminal indictment against Martha Stewart ``in the near future,'' her media company said Tuesday.
Vinyl Flooring Industry Withdraws NY Green Challen
Albany, NY, June 3--The vinyl flooring industry has withdrawn a lawsuit challenging New York's green building regulations. Vinyl is not listed as a "green" building material, according the Albany Business Review.
Judge Denies Plea to Halt Armstrong's Asbestos
Wilmington, DE, June 2---A bankruptcy judge here decided Friday to let Armstrong World Industries keep progressing toward its own solution to its asbestos woes, rather than wait and see if Congress creates one.
Amid Criticism, Home Depot Directors Re-elected
Chicago, IL, June 2--Shareholders of Home Depot Inc. on Friday reelected all of the retailer's directors, but some had urged votes against co-founder Kenneth Langone because of concerns about board independence.
Consumer Sentiment Improves in May
New York, NY, June 2--Consumers' attitudes about the state of the U.S. economy improved at the end of May compared with April, according to a report released Friday.
WestPoint Files for Bankruptcy Protection
West Point, GA, June 2--WestPoint Stevens Inc. filed for protection from its creditors in federal bankruptcy court, joining the raft of textile makers forced to restructure because of overseas competition and excessive debt.