Topps Tiles 1H Earnings Off
London, England, May 23, 2006--Topps Tiles said on Tuesday that first-half like-for-like revenue fell 4 percent as pretax profit dropped 6.7 percent.
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.
Rietveldt to Leave Tarkett
Piscataway, NJ, May 23, 2006--According to an announcement from American Standard Companies, John Rietveldt has been named vice president and general manager of the company’s Bath and Kitchen business in Europe, which is based in Brussels, Belgium. He wil
Sam Green Named Kaindel One Distribution Director
Cranford, NJ, May 22, 2006--Kaindl USA Corporation has announced the appointment of flooring industry veteran Sam L. Green to the newly created post of director of sales for Kaindl One laminate distribution.
Class Action Suit Filed Against Home Depot
Pittsburgh, PA, May 21, 2006--The Law Office of Alfred G. Yates Jr., PC announced that it has filed a class action lawsuit in the United States District Court for the Northern District of Georgia on behalf of all securities purchasers of Home Depot.
AIA Launches “Blueprint for America”
Washington, DC, May 22, 2006 — The American Institute of Architects (AIA) today launched a nationwide community service program titled “Blueprint for America: A Gift to the Nation” by funding the first 60 grants for collaborative visioning
Faus Signs Distribution Deal with Hoboken/SPI Floo
Calhoun, GA, May 22, 2006--Faus Group announced that it signed an agreement with Hoboken/ SPI Floors to begin distribution of the Fausfloor laminate flooring program in May 2006.
NRF Support Net Neutrality Legislation
Washington, DC, May 22, 2006 --The National Retail Federation today welcomed introduction of a House bill that would require “net neutrality” among companies providing Internet service.
North Carolina Retailer Sees Dramatic Expansion
Waynesville, NC, May 22, 2006--What a difference ten years and a little good fortune can make. When Joe Schneider moved to Waynesville in 1996 to start a new life, he never imagined becoming an owner of a fast-growing chain of flooring superstores.
Mid East A Growing Carpet Manufacturing Center
Dubai, United Arab Emirates, May 22, 2006--The Middle East is the world’s fourth largest carpet manufacturer after the U.S., Belgium and Holland and the region's production is expected to grow up 25% in five years.
Lowe's 1Q Earnings 44%, Sales Up 20%
Mooresville, NC, May 22, 2006--Lowe's reported first-quarter earnings that were up 44 percent as revenue rose 20 percent. The company’s earnings for the quarter were $841 million, or $1.06 per share, up from $586 million, or $0.73 per share, during t