Armstrong’s Lancaster Plant Shifting to Residentia
Lancaster, PA, April 21--Armstrong, according to the Lancaster New Era, has begun converting the residential flooring section of its Lancaster plant into the only section of the plant.
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.
E-Commerce Growth to Outpace Total Retail Spending
New York, NY, April 25--E-commerce revenues jumped more than 25% last year, and annual gains look to continue to run in the healthy double-digit range through 2008, according to eMarketer estimates.
Costco Expects to Miss Expectations
Issaquah, WA, April 22--Costco Wholesale said it expects third quarter and full year earnings will be below Wall Street expectations.
Newspaper: Home Depot to Expand Floor Store Test
Atlanta, GA, April 22—-It was reported in the Atlanta Journal-Constitution that Home Depot is expanding its Floor Store test to five additional locations in metro Dallas.
Congoleum in Face-Off with Insurance Underwriters
London, England, April 25--A $1 billion asbestos-related lawsuit involving Lloyd's of London underwriters and Equitas is due to kick off this week.
Sears Canada Q1 Earnings Slip
Toronto, Ontario, April 22--Sears Canada is sticking to its strategic plan despite a first-quarter operating loss of $3.8 million.
Environmentalists Say Chinese Merchants Still Smug
Beijing, China, April 22--The forests of Zhangjiagang are horizontal: tens of thousands of felled, stripped trees lying on the quayside of China's biggest timber port.
Interface and Partner Create the CARPETree
Sao Paulo, Brazil, April 22--Interface Flooring Systems has contracted with Florestas do Futuro (Forests of the Future) to create CARPETree, a reforestation program.
Weyerhaeuser 1Q Earnings Nearly Double
Federal Way, WA, April 22--Weyerhaeuser reported first-quarter earnings that nearly doubled on higher sales and fewer legal and restructuring costs.
Leggett & Platt 1Q Earning Up 16% Percent
Carthage, MO, April 21--Leggett & Platt reported first quarter earnings that were up 16 percent.