Mullican Adds to Customer Service Team
Johnson City, TN, May 18--Karen Williams has joined Mullican Flooring’s customer service department at the company’s headquarters in Johnson City, TN.
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.
Pergo Adds to Global Management Team
Trelleborg, Sweden, May 18--Diane Tate, VP Intellectual Properties, has been appointed Senior Vice President Technology and Intellectual Properties. Diane will become a member of the Global Management Team.
Home Depot Posts Record First Quarter Earnings
Atlanta, GA, May 18--Home Depot today reported record first quarter net earnings of $1.1 billion, $0.49 per diluted share, up 26%, for the first quarter of fiscal 2004.
Sears Institutes Hiring Freeze
Hoffman Estates, IL, May 18--Citing disappointing sales, Sears, Roebuck & Co. has instituted a hiring freeze and is cracking down on discretionary spending to reduce costs.
Tarkett Commercial to Increase VCT Prices
Houston, TX, May 18--Tarkett Commercial will initiate a 4% to 7% increase on all Vinyl Composition Tile and related products effective June 1, 2004.
Builder Confidence Strong & Steady In May
Washington, DC, May 17--Builder confidence in the new-homes marketplace held firm at a healthy level in May, the National Association of Home Builders (NAHB) reported today.
J.C. Penney Earnings Off
Plano, TX, May 18--J.C. Penney Co Inc. reported lower quarterly net profit, hurt by charges from the sale of the Eckerd drugstore chain, although sales rose almost 9%.
Kmart Posts Profit
Troy, MI, May 17--Kmart Holding Corp. on Monday posted its second consecutive quarterly profit as it cut costs and pared inventory, reducing clearance sales.
Milliken Honors StarNet Member Bonitz
Ridgefield, CT, May 17--StarNet Commercial Flooring Cooperative announces that one of its members--Bonitz Flooring Group of Greenville, SC--has been honored with the 2003 “Premier Dealer Partner of the Year award” from Milliken Carpet.
Court OKs Congoleums Chapter 11 Plan
Mercerville, NJ, May 14--Congoleum Corp. got bankruptcy-court approval of its Chapter 11 plan disclosure statement, according to its quarterly report filed Friday with the Securities and Exchange Commission.