Costco on Track for Earnings Increase of 14%
Issaquah, WA, October 1-- Costco's fourth-quarter sales rang up below Wall Street's expectations, but analysts aren't too concerned about a major hit to earnings.
Today's Flooring News
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Consumer Income Up, Spending Flat
Washington, DC, September 30--Personal income rose 0.4% in August, according to a Commerce Department reported issued Thursday. It was the largest increase since May.
Shanahan Named FieldTurf Regional Sales Manager
Dalton, GA, September 29--James (Jim) Shanahan has been appointed regional sales manager, Atlantic Region, by FieldTurf. Shanahan will be based in Philadelphia.
Caraustar Increases Prices on Tubes and Cores
Atlanta, GA, September 28--Caraustar Industries announced that it will raise prices on all paper tube and core product lines by a minimum of five percent.
Middle Class Consumers Buy Luxury Goods by Cutting
Seattle, WA, September 27---A Kent, Wash., school-district manager spends almost $2,500 on a luxury vacation to Tahiti, complete with a skipper for her chartered catamaran -- but buys discount clothes and eats "whatever vegetable is on sale that week."
Steelcase Swings to 2Q Profit
Grand Rapids, MI, September 23--Steelcase Inc. swung back to a quarterly profit from the previous quarter, but warned that rising steel prices would hurt results going forward.
Rare Rug Theft Kicks off Hunt in Iran
Tehran, Iran, September 24--A precious and rare carpet has been stolen from the Iranian Carpet Museum in Tehran, kicking off a massive hunt, according to the Persian Journal.
KB Home Reports Record Third Quarter Results
Los Angeles, September 20 -- KB Home announced record financial results for its third quarter ended August 31, 2004.
Wear-Dated Provides Entry for American Baby Faire
Kennesaw, GA, September 21 -- Wear-Dated carpet fiber provided the entryway carpet for the American Baby Faire in Atlanta, Georgia on September 11th-12th.
Cookin' at Mannington Mills
Mannington, Township, NJ, September 20--What began as a group of Mannington Mills employees gathering to exchange their favorite recipes has blossomed into a project which will aid the agency responsible for bringing nutritious meals to the elderly and ho