Chain Stores Sales Slip 0.2% Last Week
New York, NY, May 24--Chain store retail sales fell in the latest week, but compared with the same year-earlier week were up strongly, a report said on Tuesday.
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.
Asbestos Trust Could Face Constitutional Challenge
Washington, DC, May 24--Should Senator Arlen Specter earn passage of his bill to create a $140 billion asbestos compensation trust fund, it would mark the beginning -- rather than the end -- of the legislation's real test, legal observers noted.
New Locations Drive UK’s Topps Tiles Sales
Cheshire, England, May 24--New store openings have continued to drive sales at Topps Tiles, despite a fall in the like-for-like growth rate over recent weeks.
Reid Says Asbestos Bill 'Still Breathing'
Washington,DC, May 24--Senate Minority Leader Harry Reid said on Monday a bill to establish a $140 billion asbestos compensation fund is "breathing again" now that the chamber has averted an angry showdown over an unrelated issue, judicial nominees.
Williams-Sonoma 1Q Earnings Up 22%
San Francisco, CA, May 24--Williams-Sonoma Inc. in the first-quarter reported earnings that rose 22% to $26.2 million, or $0.22 per share.
Dillard's 1Q Earnings Drop 29%
Little Rock, AR, May 24--Dillard's reported first-quarter earnings that dropped 29 percent, hurt by weak demand for women's clothing and furniture.
Online Retail Sales, Profitability Continue Climb
Washington, DC, May 25--Ten years after its inception, online retailing is growing up fast.
Alloc Launches Summer Sales Incentive Program
Racine, WI, May 23--Alloc, Inc. has announced the upcoming launch of a sales incentive program.
Italy Tile Producer Launches JV in India
New Delhi, India, May 23--Italian tile producer Atlas Concorde has set up a joint venture in India with construction and accessories firm Hybrobath.
Iran’s Handwoven Carpets Seeking Copyright Enforce
Tehran, Iran, May 23--The head of Iran’s National Carpet Center said a request was presented to the Minister of Commerce to stop worldwide design and color imitation of Iran’s rugs and carpets.