Minuteman Merges With Hako-Werke
Addison IL, November 9-- Floor-care equipment and chemical manufacturer Minuteman International announced that it will merge with Hako-Werke International Inc.
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.
Rhodes Furniture Files Chapter 11
Atlanta, GA, November 5—Rhodes Furniture said it has filed a voluntary petition for relief under Chapter 11 of the U.S. Bankruptcy Code. The company said it has identified 26 store locations and five related support operations that will be closed.
Costco’s Same Store Sales Up 11% in October
Issaquah, WA, WA, November 4--Costco Wholesale reported a 7 percent increase in October sales at U.S. stores open at least a year, in line with analysts' expectations.
ISM Non-Manufacturing Index Up in October
Tempe, AZ, November 3--Business activity in the non-manufacturing sector increased in October 2004, say the nation's purchasing and supply executives in the latest Non-Manufacturing ISM Report On Business.
Chain Store Sales Off Last Week
New York, November 2--Chain store sales fell for a third week in a row last week, dragging down the annual rate of growth to below 3.0 percent, a report said on Tuesday.
Modra Updates Carpet Sampling Technology
Warragul, Australia, October 28--Modra Technology has developed a tufted-carpet sample machine called 'Mtuft,' according to IntelTex.
Centex 2Q Earnings Up, Hikes Outlook
Dallas, TX, October 27--Homebuilder and mortgage company Centex Corp. posted a 12 percent increase in quarterly profit and raised its profit outlook for the year.
Fed Governor Bies Upbeat on Economy
Washington, October 25--The economy has pulled out of a midyear pause and should grow well for the rest of 2004, Federal Reserve Governor Susan Bies said.
Concrete Flooring at Pennsylvania Hospital Draws L
Bethlehem, PA, October 22--Faulty concrete flooring being used to expand the Lehigh Valley Hospital Muhlenberg campus in Bethlehem has spawned a million-dollar lawsuit against contractors who supplied the materials, oversaw the work and allegedly sold fau
Shaw Laminates Promotion Offers Prize Incentives
Dalton, GA, October 21 - Shaw Laminates has launched an incentive promotion for participating retail sales personnel on many of the division’s Laminate Design Gallery products. “Above and Beyond” is the first awards-based incentive offered through the com