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.
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.
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.
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.
Q.E.P. Acquires Underlayment Manufacturer
Boca Raton, FL, August 5--Q.E.P. Co., Inc. (Nasdaq:QEPC) has acquired substantially all the assets of Tuplex Corporation of Naperville, Illinois.
Flooring America’s Summer Convention Hits Nashvill
Manchester, NH, August 5--Nashville, Tennessee, is rolling out the red carpet for It’s Showtime!, Flooring America’s Summer 2004 National Convention to be held Thursday and Friday, August 26-27th, at the Marriott Renaissance Nashville Hotel and Conference
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.
Witex USA Names Trau EVP Sales & Marketing
Kennesaw, GA, August 4-- Witex USA, Inc. has announced the addition of industry veteran, Paul Trau to their management team. Trau will fill the newly created position of Executive Vice President of Sales and Marketing.
Flooring Knock-Off Artist Nabbed in Russia
Moscow, Russia, August 5--Russian police plan to deport a British man who has been selling counterfeit flooring materials to construction firms, the Interfax news agency said.
Factory Orders Up 0.7% in June
Washington, DC, August 4--Demand for U.S. factory goods showed surprising strength during June in another key sign issued this week of improvement in the manufacturing sector.
Martha Stewart Living Posts Wider 2Q Loss Then Exp
New York, NY, August, 3-- Martha Stewart Living Omnimedia posted a loss of $19.29 million, or 39 cents per share, in the second quarter, in contrast to a profit of $931,000, or 2 cents per share, in the year-ago period.