Wood Producer Relocates to Oswego, NY
Oswego, NY, August 5--Oswego has attracted a new manufacturer to its Empire Zone, according to the Oswego Business Journal.
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.
Retailers Report Subdued July Sales Growth
New York, August 5--Wal-Mart Stores Inc. and other top U.S. retailers on Thursday reported July sales that largely met muted expectations, helped by early back-to-school shopping for computers, clothing and bedding.
Foamex Posts 2Q Loss
Linwood, PA, August. 5--Foamex International announced a net loss in the second quarter of 2004 of $2.6 million, or $0.11 per diluted share, compared with net income of $3.4 million, or $0.13 per diluted share, in the second quarter of 2003.
Springs Licenses Mattel's Barbie & Hot Wheels
Fort Mill, SC, August 5--Springs Industries has signed a multi-license agreement with Mattel to create home collections for the toy company's premier brands, including leading lifestyle brands Barbie and Hot Wheels.
Consumers Remain Cautious
New York, August 6-- Despite clearance sales and early back-to-school merchandise, U.S. shoppers continued to spend cautiously in July, lifting sales just slightly above the previous month's disappointing gains.
Weaving is a Passion for Navajo
Black Mesa, AZ, August 5--Mary Lou Thinn perches on the faded pink cushions in front of her 4- by 5-foot loom. A new day has barely broken.
BASF Worried About High Benzene Prices
Ludwigshafen, Germany, August 5--BASF AG said Thursday it will have to continue to raise the prices for its styrene-based and nylon products because of the continuously increasing price of benzene.
Congoleum Posts 2Q Profit
Mercerville, NJ, August 4--Congoleum Corp. reported net income for the second quarter ended June 30, 2004 of $1.4 million versus a net loss of $2.0 million in the second quarter of 2003.
ServiceMaster Clean & First Notice Partner to Ease
Boston, August 4-- First Notice Systems and ServiceMaster Clean have formed a new alliance that lets homeowner’s insurance carriers immediately act on time-sensitive water damage claims.
ISM Non-Manufacturing Index Up in July
Tempe, AZ, August 4--Service businesses, which account for the bulk of the economy, expanded at a faster pace in July, according to a private survey.