Online Holiday Sales Up of 28%
New York, NY, December 29--Online sales surpassed the high range of estimates this year, thanks to a rush of last-minute shoppers who snapped up iPods, computers and the occasional power drill.
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.
Demand for Office Furniture Recovering
New York, December 29--High steel costs are still hurting the bottom line at U.S. office furniture companies, even as sales hit their highest levels in years.
U.S. Xpress to Exercise Over-Allotment Option
Chattanooga, TN, December 29--U.S. Xpress Enterprises said its underwriters of its recent public offering have exercised their over-allotment option to purchase an additional 600,000 shares of the company's Class A common stock.
Bayer: Lanxess Plans $27.2M in Cuts In 2005
Frankfurt, Germany, December 29--Bayer AG's Lanxess unit said Tuesday it plans cost savings of around EUR20 million ($27.2M)in 2005.
Coverings Announces Conferences, Seminars & Worksh
Alexandria, VA, December 28-- National Trade Productions (NTP), the show management company for Coverings, has announced that the 2005 show will feature a range of speakers, conferences and seminars designed to address key issues of interest to the wide r
Foshan, China's Ceramic Tile Hub
Foshan, China, December 28--Big is the word in this ceramic tiles hub. Foshan's 350 makers produce 1.2 billion square meters of the product annually.
Home Depot to Sell Appliances Online
Atlanta, GA, December 28--Home Depot said it is expanding its store based home appliance business through a new online initiative that allows consumers to purchase more than 1,800 products from the company’s recently enhanced website.
Consumer Confidence Rebounds in December
New York, NY, December 28--The Conference Board’s Consumer Confidence Index, which had been on the decline since August, rebounded in December.
TORLYS Forecasts 2005 Canadian Floor Trends
Mississauga, Ontario, December 27--Based on an informal survey of TORLYS dealers and product forecasting, TORLYS predicts Canadians who want to upgrade the quality of their homes will gravitate toward exotic floors.
Former Carpets International Goes Into Receivershi
Down, Northern Ireland, December 27-- Donaghadee Carpets has confirmed that the company, which was established just a year ago, will close with the loss of 63 jobs, according to the Belfast-based News Letter