Lane’s Acquires Manhattan Contract Dealer
New York, August 10 --Lane’s Floorcoverings, a major New York City contract dealer, has acquired Kramer Carpet Corp., another Manhattan dealership.
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New York, August 10 --Lane’s Floorcoverings, a major New York City contract dealer, has acquired Kramer Carpet Corp., another Manhattan dealership.
Washington, DC, August 10-- The Fed raised short-term interest rates by a quarter percentage point, the second such increase this summer, asserting that the U.S. economic recovery remains intact despite recent "softness."
Rainham, England, August 10—U.K. Carpet retailer Carpetright improved market share during an encouraging start to its financial year, according to Scotsman.com.
New York, August 10--Chain store sales grew in the latest week thanks to state sales tax holidays, though the pace slowed from the previous period, a report said on Tuesday.
Washington, August 10-- The productivity of U.S. workers grew at its slowest pace in 18 months in the second quarter, which spurred a jump in the growth of unit labor costs from earlier this year.
Washington, DC, August 9-- Wholesalers built up their inventories again in June while sales were flat, the Commerce Department estimated Monday.
Omaha, NE, August 10--Berkshire Hathaway Inc. said that the estate of recently deceased Susan Buffett would sell 1,200-1,500 of the company's class A stock over the next two years to pay taxes, expenses and other cash bequests.
Dalton, GA, August 9--Steven S. Sorrow has joined Oriental Weavers as vice president of product development for U.S. operations.
Manchester, NH, August 9-- Carpet One has announced the upcoming introduction of Anderson Hardwood Floors' new Biltmore Estate for Your Home Collection this fall.
Gulfport, MS, August 9--GCO Flooring Outlet will open a second location in the old Kmart building on U.S. 90 in Gautier.