Durable Goods Orders Up 0.3%
Washington, DC, March 24—-Orders for durable goods rose 0.3 percent in February, according to the Commerce Department. Economists had forecast an increase in February of 1 percent.
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.
Schneider Returns as CEO at Forbo
Zurich, March 24—-Forbo shareholders approved rule changes at an extraordinary General Assembly of Forbo Holding AG held in Zurich today.
NAFCD Management Conference Begins May 13
Chicago, March 24--The NAFCD Management Conference, "Business Theory Put into Practical Action," will be held May 13-15, 2005, on The Ohio State University campus in Columbus, Ohio.
Sears, Kmart Deal Set for Clearance
Hoffman Estates, IL, March 24—-The pairing of rivals Sears and Kmart in their $11 billion merger is poised for final clearance today, four months after the proposal engineered by Kmart Chairman Edward Lampert was unveiled.
O’Sullivan Named Director of Invista Unit
Atlanta, GA, March 24--Invista Interiors Business appointed Diane O'Sullivan sales director, Commercial and Transportation, Flooring Division.
Home Depot Not Worried About Rising Rates
New York, NY, March 23--Home Depot Inc. doesn't expect its growth to be hurt when interest rates rise or home building slows, chief financial officer Carol Tome said Tuesday.
Flexco Appoints Michael Kahn Southeast Sales Manag
Tuscumbia, AL, March 23--Flexco, a leading manufacturer of rubber, vinyl and ESD control commercial flooring, recently appointed Michael Kahn as sales manager of the company’s newly created Southeast territory.
Tarkett Sports to Defend its Rights
Frankenthal, Germany, March 23--Over the last ten years, Tarkett Sports has established itself among the leaders in the sports flooring sector - progress driven by innovation, and underpinned by the strength of the Tarkett Group.
Consumer Prices Up 0.4%
Washington, DC, March 23--The consumer price index in February rose a seasonally adjusted 0.4 percent, according to the Labor Department.
CPSC & Hellenic Rug Announce Recall
Washington, DC, March 23--The Consumer Product Safety Commission and Hellenic have said that consumers should stop using Hellenic Rug Imports’ "Mazarakis Flokati 3A" and "Mazarakis Floco" white flokati rugs immediately unless otherwise instructed.