Home Depot Expects to Open 185 New Stores This Yea
Atlanta, GA, Jun. 7--Home Depot Inc. said Friday that it expects to open 185 new stores in its current fiscal year.
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.
APAC & Premier Tape Expand Salesforce
Dalton, GA, Jun. 7--Adhesives and Seam Tape producer APAC has announced the addition of three new sales executives as the company continues to grow.
Shaw Opens London Design Studio
Dalton, GA, Jun. 7--Shaw has announced the recent opening of a showroom in London that will serve as a design studio and sales office for contract and hospitality products of its International Division.
Water Crystal Mosaics Launched by Crossville
Crossville, TN, Jun. 4--Crossville’s new Water Crystal Mosaics, designed by Boyce & Bean, are made of cast, translucent glass that is textured front and back to capture, reflect and refract light.
Timber Resources Forms Hardwood Flooring Division
Wilmington, DE, Jun. 4--Timber Resources International, Inc. announced that pursuant to a strategic growth plan unveiled last month, the company formed a subsidiary, TRI Exotic Woods, LLC to market and sell hardwood flooring.
Mannington Commercial Intros New Modular Lines
Calhoun, GA, May 4--Mannington Commercial is introducing Taking Shape, with a design element that moves around on each modular tile creating a morphing effect, and Matters of Design, a mixture of small scale, large scale, positive exposures and negative e
Kmart to Sell Up to 24 Stores to Home Depot
Troy, MI, Jun. 4--Kmart Holding Corp. announced today that it has signed definitive agreements with The Home Depot, Inc., to sell up to 24 stores for a maximum purchase price of $365 million in cash.
Maytag to Consolidate Floor Care & Appliance Units
Pound Ridge, NY, Jun. 4--Maytag Corp said it will cut about 20% of its salaried workforce as part of a "comprehensive" restructuring to consolidate its Hoover Floor Care and Maytag Appliances operations at its corporate headquarters.
Toray Plans Four New Compounding Plants in China
Tokyo, Japan, Jun. 4--Toray plans to expand its resin compound production facilities in China (four new production units) and Thailand (to 20,000 tons/y) by 2006.
Costco's Same Store Sales Rise
Issaquah, WA, Jun. 3--Costco Wholesale Corp. on Thursday reported a 16% jump in May sales at stores open at least a year, helped by strong demand for food.