Dillard's Narrows Losses in 2Q
Little Rock, AR, August 22—-Department store chain Dillard's reported a loss in its second quarter this year that was smaller than the loss posted last year.
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.
Hottest Housing Markets Overvalued
New York, NY, August 22--Roughly one-third of the market for single-family homes is extremely overvalued, according to National City Corp.
Unredeemed Gift Cards Spell Added Profits for Reta
St. Petersburg, FL, August 22—-A nice added bonus to the profits of the nation’s retailers are some unspent consumer dollars, according to the St. Petersburg Times.
Propex Receives 2004 Frost & Sullivan Award for Pr
London, England, August 22--For launching a broad line of emerging products and technologies that provide significant value additions to customers' businesses, Propex Fabrics, Inc. was presented with the 2004 Frost & Sullivan Product Innovation Award.
Agape Tile Launches New Website, Rolls-Out New Pro
Albemarle, NC, August 22--Agape Tile has launched a new website for 2005, replacing their gallery-driven site, which has been up on the web since 1996.
CRI Partners with Florida DEP's Green Lodging
Dalton, GA, August 22--The Carpet and Rug Institute (CRI) has joined forces with the Florida Department of Environmental Protection (DEP) to help Florida’s lodging industry create a healthier and safer indoor environment and reduce the generation of solid
Glen Eden Creates New Positions
Calhoun, GA, August 22--Business is booming for Wools of New Zealand Brand partner, Glen Eden Wool Carpet, with sales in June reported to be the highest in the company’s history.
UK’s Carpet Foundation Completes 1st Stage of Cons
Kidderminster, England, August 19--The Carpet Foundation has become the first association in the furniture sector to complete Stage One of the OFT's Consumer Codes Approval Scheme (CCAS), which aims to promote and safeguard consumer interests.
New Zealand’s Cavalier Reports Earnings Drop
Wellington, New Zealand, August 19--Cavalier has reported a 35% fall in its June bottom line net profit to $13.7 million and said it would struggle to match the 2005 result in the current year.
UK-Based Interfloor to be Sold
Lancashire, England, August 19—-The company that owns Lancashire-based carpet underlay firm Duralay is to be sold in an £80m-plus deal, according to the Manchester Evening News.