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.
ServiceMaster CEO Resigns
Downers Grove, IL, May 16, 2006--ServiceMaster Co., said that its chairman and chief executive, Jonathan Ward, has resigned.
Home Depot Tops the Boston Globe’s National 25
Boston, MA, May 16, 2006--The Boston Globe released its Globe National rankings yesterday with Home Depot landing the number one spot on a new list.
Repeat Visitors 8 Times More Likely To Make Online
San Diego, CA, May 15, 2006--When it comes to making a purchase online, repeat visitors are eight times more likely to click the order button than new visitors, according to new data from WebSideStory, Inc.
Saks 1Q Earnings Up on One-Time Gain
Birmingham, AL, May 16, 2006--Saks Inc. reported net income in the first quarter that rose to $81.5 million, or $0.60 per share, from $16.2 million, or $0.11 per share, a year ago.
Housing Starts Off in April
Washington, DC, May 16, 2006--Housing starts fell 7.4% in April to a seasonally adjusted 1.85 million annualized units, according to the Commerce Department.
Federated Raises 2Q Outlook
Cincinnati, OH, May 16, 2006--Federated Department Stores raised its second-quarter financial forecast by $0.33 per share, due to a favorable tax settlement with the Internal Revenue Service.
Chain Store Sales Unchanged Last Week
New York, NY, May 16, 2006--Chain store sales were unchanged in the latest week as spending ahead of Mother's Day offset cool, wet weather and rising gasoline prices, according to a report on Tuesday.
Domotex Middle East Sells Out
Dubai, United Arab Emirates, May 15, 2006--Domotex, Middle East, the specialist carpets and flooring trade show due to debut in Dubai this May, has sold out within just months of its launch.
Dixie Cranks Up New Plant
Eton, GA, May 15, 2005--According to a the Chattanooga Times, the problem Dan Frierson had a year ago was one any CEO would envy--his carpet company, The Dixie Group, had too much business.