Kohl's Q2 Earnings up 27%
Menomonee Falls, WI, August 12--Kohl's reported second quarter earnings of $187.2 million, or $0.54 per share, up from $146.9 million, or $0.43 per share, in the year-ago period.
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.
Import Prices Up 1.1% on Oil Hikes
Washington, DC, August 12--With oil prices surging again, prices of imports rose 1.1% in July, the Labor Department reported Friday.
UK’s Floors-2-Go to Opens Stores in Northern Irela
Birmingham, England, August 12—-The UK's biggest specialist flooring company will open six stores in Northern Ireland this month, according to the Belfast Telegraph.
Armstrong Technology Offers New Looks in Laminate
Lancaster, PA, August 12--New looks in laminate flooring from Armstrong are now available through additions to both the Pacific Height Strip and next-generation tile visuals for the Nature’s Gallery laminate collections.
Propex Names New CEO
Austell, GA, August 12--Edmund A. Stanczak, Jr. has been named president and CEO of Propex Fabrics Inc., effective August 16, 2005.
Open Letter to Retailers & Distributors from Witex
Kennesaw, GA, August 12--Roland Elbracht, president, Witex Flooring Inc. posted the following open letter to Witex and Laura Ashley distributors and Retailers on the Internet:
Durall Intros No-wait Epoxy Floor Seal
Bloomington, MN, August 11--Durall Industrial Floorings has launched "No-Wait 2005," its new epoxy seal for fresh concrete.
Distribution America Launches New Look for Retaile
Des Plaines, IL, August 11--Taking a cue from millions of customers who shop to remodel and redecorate, Distribution America and its distributor members have launched a new store environment package.
Retail Sales Up 1.8%
Washington, DC, August 11--Retail sales rose 1.8% in July as auto sales enjoyed the strongest growth in nearly four years, according to the Commerce Department.
Nature Stone to Offer Franchises in Western Pennsy
Bedford OH, August 11--Nature Stone founder/owner Russ Masetta announced the company will offer exclusive franchises in western Pennsylvania and Ohio for its stone and epoxy flooring.