Abbey Prototype to Open in September
Bonita Springs, FL, May 26--Abbey Carpet is building a state-of-the-art training and sales production facility in North Naples that will serve as a prototype for its 800 stores nationwide.
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.
Flexible Foam to Open Plant in Washington
Longview, WA, May 26--Ohio's Flexible Foam Products formally announced Tuesday that it is opening a new plant in Longview, Washington.
1st Quarter GDP Revised Up to 4.4%
Washington, DC, May 27--Driven by businesses' vigorous restocking of inventories, the U.S. economy surpassed an earlier estimate for first-quarter growth as corporate profits continued to show improvement.
Antron Recertified as Environmentally Preferable P
Atlanta, GA, May 27--Invista announced today the re-certification of Antron carpet fiber as an Environmentally Preferable Product (EPP) by Scientific Certification Systems (SCS).
Home Depot Increases Dividend by 25%
Atlanta, GA, May 26--Home Depot announced that its Board of Directors increased its quarterly cash dividend to eight and a half cents per share, an annual increase of 25 percent.
Lyondell, Millennium Deal Gains Antitrust Approval
Washington, DC, May 27--Antitrust authorities said on Wednesday they had approved Lyondell Chemical Co.'s proposed acquisition of joint venture partner Millennium Chemicals Inc.
Researcher Reports Facts & Myths About Big Box Ret
Corvallis, OR, May 27--Since his ground-breaking 1988 study on how Wal-Mart stores impact local economies, Iowa State University economist Kenneth Stone has spoken on the topic in every U.S. state and every Canadian province.
Costco Quarterly Profit Up
Issaquah, WA, May 27--Costco Wholesale Corp. posted a higher quarterly profit, thanks to strong spring sales of items including lawn and garden equipment and food.
Lowe's CEO Discusses Expansion, Including Poss
Las Vegas, NV, May 27--Lowe's Home Improvement Warehouse will continue its phenomenal growth nationwide as the company continues to go after market share and as it changes to fit the demographics of the country, the company's chief executive said
Carnegie Mellon Spinoff Looks to Develop Conductiv
Pittsburgh, PA, May 26--From static-free flooring to more reliable cell phones, a Carnegie Mellon University spinoff sees green in the potential for conductive polymers--and so do some investors.