Floor & Decor Names Kirchmeyer VP Merchandising
Kennesaw, GA, December 7, 2005--National flooring retailer, Floor & Decor Outlets of America, named Robert H. Kirchmeyer as vice president, merchandising.
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.
George W. Buckley Elected 3M Chairman, President &
St. Paul MN, December 7, 2005--3M announced today that George W. Buckley has been elected chairman, president and chief executive officer, effective immediately. He succeeds interim chairman and CEO Robert S. Morrison, who has led the company since July.
Job Cuts Up 22% in November
Washington, DC, December 7, 2005--Led by sharp cuts in the automotive industry, planned job reductions by major U.S. corporations increased 22% in November to 99,279.
Search Keyword Prices Remain Steady
San Francisco, December 8, 2005--Amid all the talk about rising keyword prices, the Fathom Online Keyword Price Index indicates that November averages were virtually flat.
Factory Orders Up 2.2%
Washington, DC, December 6, 2005--Orders for factory goods increased 2.2% in October, more than reversing a decline in September, the Commerce Department estimated Tuesday.
Building Plastic and Patton Group Named LG Floors
Kenilworth, NJ, December 6, 2005--Innovision Flooring Corp., the U.S. distributor for LG Floors, announces its appointments of Building Plastic, Inc., of Texas, Wynco, New England, and the Patton Group of Northern California.
Nybacker Among BuildingGreen’s Top-10 Products
Atlanta, GA, December 6, 2005--BuildingGreen, Inc., publisher of the GreenSpec Product Directory and Environmental Building News, has announced its 2005 selections of the Top-10 Green Building Products.
Sears 3Q Earnings Off on Costs
Hoffman Estates, Il, December 6, 2005--Sears Holdings said fiscal third-quarter profit slid as the costs of Kmart's combination with the Sears, Roebuck and Co., offset a sharp increase in sales.
Haverty Furniture Reports Record November Sales
Atlanta, GA, December 6, 2005--Haverty Furniture in November reported record sales that increased 7.5% to $77.9 million, compared with $72.4 million in November 2004.
Retail Rents to go Up, Vacancies Down in 2006
New York, NY, December 6, 2005--Retail vacancies will inch down to an average of 8.8 percent in 2006, and rent growth will gain momentum to 3.5 percent (from 2.5 percent this year), according to Marcus & Millichap's retail group.