Rugs Direct Plans 100 Stores in Seven Years
Winchester, VA, May 24--With its new web-based distribution management system that automates order processing, Rugs Direct has more than doubled its order-handling capacity.
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.
Wood Flooring an Art Form to North Carolina Retail
Jacksonville, NC, May 24--Terry Jones is a self-described wood snob.
Insurers Balking at Asbestos Trust Fund
Washington, DC, May 25--Despite more than three decades of efforts by the insurance industry to seek final settlement of scores of asbestos-related claims, a large contingent of insurers has concluded that Sen. Arlen Specter's trust fund proposal simp
Chain Stores Sales Slip 0.2% Last Week
New York, NY, May 24--Chain store retail sales fell in the latest week, but compared with the same year-earlier week were up strongly, a report said on Tuesday.
Asbestos Trust Could Face Constitutional Challenge
Washington, DC, May 24--Should Senator Arlen Specter earn passage of his bill to create a $140 billion asbestos compensation trust fund, it would mark the beginning -- rather than the end -- of the legislation's real test, legal observers noted.
SI Nixes Move to Downtown Chattanooga Office
Chattanooga, TN, May 24--SI Corp. officials, who in March announced plans to move the company's corporate headquarters from Georgia to a downtown Chattanooga office building, appear to have had a change of heart.
New Locations Drive UK’s Topps Tiles Sales
Cheshire, England, May 24--New store openings have continued to drive sales at Topps Tiles, despite a fall in the like-for-like growth rate over recent weeks.
Reid Says Asbestos Bill 'Still Breathing'
Washington,DC, May 24--Senate Minority Leader Harry Reid said on Monday a bill to establish a $140 billion asbestos compensation fund is "breathing again" now that the chamber has averted an angry showdown over an unrelated issue, judicial nominees.
Williams-Sonoma 1Q Earnings Up 22%
San Francisco, CA, May 24--Williams-Sonoma Inc. in the first-quarter reported earnings that rose 22% to $26.2 million, or $0.22 per share.
Dillard's 1Q Earnings Drop 29%
Little Rock, AR, May 24--Dillard's reported first-quarter earnings that dropped 29 percent, hurt by weak demand for women's clothing and furniture.