Lehman Bros. Initiates Coverage on Mohawk
New York, NY, September 20, 2005--- Lehman Brothers analyst Steven A. Fockens initiated coverage of Mohawk Industries with an "equal-weight" rating. The target price was set at $89.
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.
Report: Domo to Pull out of Chemicals, Focus on Ca
Ghent, Belgium, September 20, 2005-—According to a report in Chemical Week, Domo is planning to pull out of the chemical business to focus on the production of carpets.
Tarkett Commercial Announced Price Increase
Houston, TX, September 20--Tarkett Commercial will initiate a five to seven percent increase on all commercial resilient products effective Monday, October 31, 2005.
Home Builder Optimism Edges Down Further In Septem
Washington, DC, September 20, 2005--Home builder optimism in the market for new single-family homes remains in a positive zone this month, albeit with some further erosion from the cyclical high in June, according to the National Association of Home Build
Mohawk Rewards Plus Promotion Enters Peak Earnings
Dalton, GA, September 20, 2005--The “Mohawk Rewards Plus” promotion program is a favorite among retail salespeople for a number of reasons. And Mohawk’s plans for the last quarter of 2005 are likely to make it even more popular.
Chain Store Sales Off Last Week
New York, NY, September 20, 2005--Chain store retail sales dropped significantly in the latest week, as a result of high gasoline prices, ripple effects of Hurricane Katrina and increased consumer concern about the future of the economy, a retail report s
Study Finds Many Retailers Lacking in E-Mail Knowl
Atlanta, GA, September 19, 2005 -- While retailers clearly embrace the power of e-mail marketing, a Silverpop study finds many of them have yet to take full advantage of the technological power and creative potential offered by the medium.
Simply Floored Launches Shop-at-Home in Three Stat
Atlanta, GA, September 19--Simply Floored shop-at-home flooring company announced that it has launched its comprehensive in-home flooring service in three major metropolitan markets: Atlanta, Dallas / Fort Worth, and Tampa / St. Petersburg.
Wisconsin Retailer Covers the Basics
Madison, WI, September 19, 2005 -- Tom Sergenian, president of Sergenian's Floor Coverings and grandson of the company founder, stands in the store's showroom.
Birnbach Named Capel President & CEO
Troy, NC, September 19, 2005 -- Capel Incorporated, manufacturer and importer of area rugs since 1917, announced today that Eric Birnbach has joined the company as president and chief executive officer of Capel, Inc.