Apparent Murder-Suicide at Georgia Retailer
Marietta, GA, May 4, 2006--Two Cobb County men are dead after an apparent murder-suicide at a Marietta carpet warehouse early Wednesday morning.
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.
Canada Building Permits Up
Ottawa, Ontario, May 4, 2006--The value of Canadian building permits issued in March jumped by a stronger-than-expected 5.3 percent, the second highest on record, fueled by non-residential construction plans, Statistics Canada said on Thursday.
Home Depot Announces $57M Investment For Gulf Coas
Atlanta, GA, May 4, 2006--Following the most devastating hurricane season in American history, The Home Depot, announced today that it is investing $57 million to support rebuilding efforts throughout the Gulf region.
Champion Polymer Recycling, Greitzer Get CARE Awar
Pine Mountain, GA - May 05, 2006--Champion Polymer Recycling, a division of Infiltrator Systems, Inc., was honored as Recycler of the Year by the Carpet America Recovery Effort at the organization’s fourth Annual conference at the Southern Pine Conference
Consumers Poised to Spend 50% More Online
New York, NY, May 5, 2006--U.S. consumers have become so comfortable shopping online that they will increase their spending at online retail shops from $877 per consumer in 2005 to $1,512 per consumer by 2009.
Sears Canada Shareholders Dispute Valuation
Chicago, IL, May 4, 2006--Pershing Square Capital Management, the hedge fund that has opposed Sears Holdings Corp.'s C$892 million ($807 million) plan to buy out Sears Canada Ltd, said that the bid significantly undervalues the stock.
Initial Jobless Claims Up 5,000
Washington, DC, May 4, 2006--First-time applications for unemployment benefits drifted higher by 5,000 last week to 322,000, the highest level since Nov. 19, the Labor Department reported Thursday.
Big Retailers See Strong April Sales
New York, NY, May 4, 2006--Retailers posted strong gains in April, as a late Easter and apparel-shopping surge outweighed concerns over gasoline prices and rising interest rates.
CRI Adds Deep Cleaning Systems to Seal of Approval
Dalton, GA, May 5, 2006--The Carpet and Rug Institute (CRI) today announced the addition of deep cleaning systems to its Seal of Approval testing and certification program.
NAM Praises President On Estate Tax
Washington, DC, May 4, 2006--The National Association of Manufacturers (NAM) applauded President Bush’s call for Congress to permanently repeal the estate tax in his remarks to the American Council of Engineering Companies today.