Hicks Named JCPenney President
Plano, TX, January 5--J.C. Penney Co. has named Ken Hicks president and chief merchandising officer, the retailer said Tuesday.
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.
Former Federated CEO Charged with Perjury
New York, January 5--James Zimmerman, former chairman and chief executive of Federated Department Stores, was indicted for perjury on Tuesday by New York Attorney General Eliot Spitzer.
Boone Distributors Moving
Lakeland, FL, January 5-- A new home is in the works for Boone Distributors. The flooring distributor and wholesaler has hired Lakeland's Folsom Construction to build its 4,300-square-foot offices.
Design Center Solutions Forms New Company
Sausalito, CA, Jan. 5--Design Center Solutions has formed a new company, The Bridgeway Media Group. Builder process and non-design center products will now be offered under the Bridgeway Builder Solutions subsidiary.
3M Contributes $1.5M to Tsunami Relief Efforts
St. Paul MN, January 5--3M announced it will donate $1.5 million to help with the relief efforts in the Southern Asian countries devastated by the earthquake and tsunamis.
Environmental Home Center Reopens
Seattle, WA, January 5--Environmental Home Center (EHC), the nation's first sustainable building supplier, announced that its showroom is now open to the public.
Asian Producers: Equal Quality at One-Third the Pr
Beijing, China, January 4--Suppliers in mainland China, Taiwan and India feel their products now take on quality-conscious markets in Europe and North America.
Update: Online Holiday Purchases Up 25%
New York, NY, January 4--The latest holiday eSpending Report from Goldman, Sachs & Co., Harris Interactive, and Nielsen//NetRatings revealed that online shoppers in the U.S. spent $23.2 billion during the 2004 holiday season, excluding travel.
William Lyon Homes 4Q New Orders Off 35%
Newport Beach, CA, January 4--William Lyon Homes, a builder of single-family homes in California, Arizona and Nevada, on Monday said new home orders fell 35 percent for the fourth quarter, hurt by a lack of available product and fewer sales locations.
VPI Sells Last Operating Business
Sheboygan, WI, January 4--VPI L.L.C. said Monday that it has sold its floor products division -- its last remaining operating unit -- to a group that includes the division's general manager and former management of an Iowa spice company.