Canada Retail Sales Off 0.4%
Ottawa, Ontario, April 21, 2006--Canadian retail sales dropped by 0.4 percent in February, the first decline after four months of increases.
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.
Feltex Fined $150,000 for Nondisclosure
Wellington, New Zealand, April 21, 2006--Feltex has agreed to pay out at least $150,000 after the Stock Exchange ruled the embattled carpet maker had not informed it quickly enough last year about a severe fall in profits, according to the Dominion Press.
UK’s Floors 2 Go Announces New Board Member
Birmingham, England, April 21, 2006--Floors 2 Go, the UK's largest specialist retailer of laminate and wooden flooring, has announce that Geoff Brady is joining the board as a Non Executive Director.
Foamex Files Motion to Limit Security Trading
Linwood, PA, April 21, 2006--Foamex International filed a motion with the U.S. Bankruptcy Court, requesting that the Court approve measures to protect the Company's federal tax net operating losses (NOLs).
Karim Rashid Designs Tarkett’s NeoCon Booth
Houston, TX, April 21, 2006--Karim Rashid, a leading figure in the field of interior design, has been commissioned by Tarkett Commercial to design the flooring manufacturer’s booth display for NeoCon.
MBA: Terrorism Risk Insurance Desirable
Washington, DC, April 21, 2006--The Mortgage Bankers Association (MBA) sent a comment letter to the President’s Working Group on Financial Markets (PWG) regarding their ongoing analysis of terrorism risk insurance.
Leggett 1Q Earnings Off on Charges
Carthage, MO, April 21, 2006--Leggett & Platt Inc., maker of home and office furniture and fixtures and carpet underlay, reported first-quarter earnings fell 15 percent, hurt by a restructuring charge.
Deadline Looms for Surfaces 2007 Papers
Dallas, TX, April 21, 2006--The deadline for Surfaces 2007 "Call for Papers" is May 15, 2006. The Surfaces 2007 Conference Program will be held February 6 - 9, 2007 at the Sands Expo and Convention Center, Las Vegas, Nevada.
Three Coverings Attendees Win Giveaway Drawings
Orlando, FL, April 21, 2006--Kevin S. Sause, a Punta Gorda, FL, contractor who has attended all but one of the past 19 Coverings shows, admitted he “was floored” when he won an entire truck in a show drawing.
Sherwin-Williams Posts 1Q Gain
Cleveland, OH, April 21, 2006--Sherwin-Williams Co., reported a rise in its first-quarter earnings amid a strong boost in sales.