March's Strong Jobs Performance Stirs Optimism
New York, NY, Apr. 9--Economists lifted their forecasts for job creation but not enough to change the outlook for unemployment or suggest the economy is picking up steam.
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 Bill Revived by GOP Leaders
Washington, DC, Apr. 9--Top Senate Republicans are taking another stab at ending asbestos-related lawsuits by creating a nationwide trust fund to compensate victims.
JCPenney Has Strong March Sales
Plano TX, Apr. 8--JC Penney Company reported today that comparable department store sales increased 11.4 percent for the five weeks ended April 3, 2004.
Harpeth Capital Helps Finance McMinnville Sale
McMinnville, TN, Apr. 8--Brentwood-based Harpeth Capital has helped sell McMinnville Manufacturing to privately held Columbia Flooring of Danville, VA.
Home Depot Names Senior VP
Atlanta, GA, Apr. 8--The Home Depot announced it has named Brad Shaw as senior vice president of Corporate Communications and External Affairs.
Wal-Mart Sales Up
Bentonville, AR, Apr. 8--Wal-Mart reported March sales Thursday that came in at the high end of its earlier guidance, boosted by strong demand for Easter merchandise and clothes.
Costco March Sales Up
Issaquah, WA, Apr. 8--Costco Wholesale sales jumped 11 percent in March at stores open at least a year.
Invista Purchase Price Lowered
Wilmington, DE, Apr. 6--DuPont today announced that KED Fiber Ltd. and KED Fiber, LLC, subsidiaries of Koch Industries, have advised DuPont that they intend to accelerate the closing of the sale of Invista to April 30.
FieldTurf in Talks With Tarkett Group
Paris and Montreal, Apr. 8--FieldTurf Inc. and Tarkett are poised for an historic announcement. Talks between the two companies regarding a strategic alliance have resulted in a letter of intent, signed March 4, 2004.
Georgia Lawmakers Take Stand on Shady Chinese Mar
Dalton, GA. Apr. 7--The Carpet & Rug Institute reported that the Georgia Congressional delegation is going to the mat for its carpet and rug makers.