Bed Bath & Beyond 3Q Earnings Up
Union, NJ, December 22, 2005--Bed Bath & Beyond reported third quarter earnings that rose 10.4 percent to $134.6 million, or $0.45 per share, compared with $121.9 million, or $0.40, a year earlier.
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.
Federated Announces New Division Management
Cincinnati, OH, December 22, 2005--Federated Department Stores announced a series of new division senior management appointments, effective Feb. 1, 2006, as the company integrates its Macy's divisions.
Original Carpetland Store Comes Down
Munster, IN, December 22, 2005--Demolition began Wednesday on the original home and headquarters of Carpetland USA, according to the Northwest Indiana Times.
Coverings ’06 Schedules Extensive Contractor and I
Alexandria, VA, December 22, 2005--Two dozen seminar programs tailored exclusively to tile and stone contractors and installers will be presented at Coverings 2006, April 4-7, at the Orange County Convention Center, Orlando, Florida.
Koch names new CEO for Georgia-Pacific
Wichita, KS, December 22, 2005--Koch Industries Inc. on Thursday said Joseph Moeller will be president and chief executive of Georgia-Pacific Corp. after Koch's acquisition of the timber products company closes.
Online Retailers Optimistic About Holiday Season
Washington, DC, December 21, 2005--With three-quarters of the holiday shopping season complete, online retailers are more optimistic than ever.
AIA: 2006 Poised to be the Nonresidential Construc
Washington, D.C., December 21, 2005--The Architecture Billings Index (ABI), a leading economic indicator of nonresidential construction activity, showed growth for the eleventh consecutive month in November, according to the monthly report from The Americ
Seiders Sees 6.75% 30-yr Mortgage Rate
Washington, DC, December 21, 2005-- David Seiders the chief economist of the National Association of Home Builders, said he expects the interest rate on the benchmark fixed-rate 30-year mortgage to be at 6.75 percent in late 2006.
Kronotex USA Names New Sales Managers
Barnwell, SC, December 21, 2005--Kronotex USA has beefed up its sales and marketing staff to better serve its distributor and specialty retailer customers with a wide range of its domestically manufactured laminate flooring.
Q3 GDP Revised Down to 4.1%
Washington, DC, December 21, 2005--Third quarter U.S. growth increased at a 4.1% rate, slightly lower than previous estimates of a 4.3% growth rate, the Commerce Department said Wednesday.