NRF: Retailer Industry Sales Up 7.2%
Washington, DC, November 15, 2005—According to the National Retail Federation (NRF), retail industry sales for October (which exclude automobiles, gas stations, and restaurants) rose a strong 7.2 percent.
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.
Chain Store Sales Off Last Week
New York, NY, November 15, 2005--Chain store retail sales fell 0.6 percent in the week ended Nov. 12, compared with 1.0 percent rise the previous week, the International Council of Shopping Centers and UBS said in a joint report.
Lowe's 3Q Earnings Up 25.8%, Beats Estimates
Mooresville, NC, November 14, 2005--Lowe's in the third quarter reported net earnings of $649 million, a 25.8 percent increase over the same period a year ago. Diluted earnings per share increased 24.6 percent to $0.81.
Shaw Contract Group Receives Sustainability Award
Raleigh, NC, November 14, 2005--Shaw Industries was one of five companies and government entities to be honored here at the 4th Annual Sustainability Awards.
Tennant in Running for Top Tech Award
Minneapolis, MN, November 14, 2005--Before a crowd of more than 2,000 Minnesota technology leaders, Tennant Company and retiring president and CEO Janet Dolan were recognized among the best of the best at the Minnesota High Technology Association's an
Court Denies Pergo Injunction Against Faus
Dalton, GA, November 14, 2005--The U.S. District Court for the Eastern District of North Carolina has denied the application by Pergo, Inc. and a related Swedish affiliate for a preliminary injunction against Faus Group, Inc. and its parent corporation.
Mohawk Names Wellborn COO
Calhoun, GA, November 14, 2005--Mohawk Industries announced the appointment of William C. ("Chris") Wellborn to be its Chief Operating Officer.
Sound Seal Intros Acoustical Underlayment
Agawam, MA, November 14, 2005--Sound Seal has unveiled Sound Shark acoustical underlayment for laminate and engineered wood flooring. Made from recycled rubber, its weight helps reduce airborne noise in addition to impact noise.
Koch Acquiring Georgia-Pacific for $13.2B
Wichita, KS, November 14, 2005--Georgia-Pacific Corp. has agreed to be acquired by Koch Industries Inc. in a $13.2 billion cash deal that would create the nation's biggest private company.
Solutia & CCA Partner to Educate Industry on High
St. Louis, MO, November 11, 2005--Solutia Inc. is rolling out a program to help carpet manufacturers and retailers adapt to this changing environment.