De Clerck Family Companies of Belgium Seek Partner
Waregem, Belgium, June 10--Various members of the De Clerck family have signed a statement of intent and are currently conducting negotiations on setting up a new joint industry group.
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.
Linens 'n Things Expects 2Q Loss
Clifton, NJ, June 10--Linens 'n Things has updated its second quarter 2005 earnings outlook to a loss in the range of $0.11 to $0.15 per share on a fully diluted basis, from the previous outlook of earnings of $0.03 to $0.09 per fully diluted share.
Trade Gap Widens in April
Washington, DC, June 10--The trade deficit widened 6.3% to $57.0 billion in April, according to the Commerce Department. The gap, despite record exports, was the largest increase since last October.
Macy's Online President Sees Traffic Rising 40
Chicago, IL, June 10--Macy's online business expects its traffic to increase 40% this year, Kent Anderson, president of Macys.com, said.
Promoting Carpets and Iranian Democracy
McLean, VA, June 10--Davar Veiseh, owner and founder of RangaRang TV, sits at the studio microphones during his daily talk show in McLean, Virginia.
Floors Today Opens New Location in Florida
West Melbourne, FL, June 10--Miami-based Floors Today, a retail company that sells wood and laminate flooring, opened two weeks ago in a former Eckerd drugstore site in West Melbourne, according to Floridatoday.com.
American Hardwood at Exhibition in China
Beijing, China, June 9--The 10th Southeast Asia and Greater China Convention of the American Hardwood Export Council (AHEC) welcomed visitors in Beijing.
Globus Cork wins ADEX Award
Bronx, NY, June 9--Globus Cork Inc. won a Platinum level ADEX award. The ADEX Awards are sponsored by Design Journal, an international trade magazine for interior designers and architects.
Home Depot Leases Distribution Center In NJ
Atlanta, GA, June 10--The Home Depot Inc. has signed a lease for 318,000 square feet at the Haines Industrial Center in Burlington County, N.J.
Toll Bros CFO Sees No Housing Bubble
Horsham, PA, June 9--Homebuilder stocks have been on a tear, with housing and real estate prices soaring in many parts of the country, but Joel Rassman doesn't think the industry faces a speculative bubble.