Factories Slowed in August
Tempe, AZ, September 1--Factory activity in the U.S. cooled off in August, a closely watched private survey found, as new orders slackened and production slowed down.
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.
Carpet Exchange Opens in Greeley
Greeley, CO, August 30-- With a focus on new jobs, charitable support and a low-price guarantee, Carpet Exchange will celebrate its grand opening at 4 p.m. today in the CenterPlace Shopping Center, according to the Greeley, Colorado Tribune.
Buckhardt Fund Seeks Donations
Fort Wayne, IN, August 25 -The 5th Annual George Buckhardt Memorial Golf Outing, hosted by George's Flooring Supplies, now part of Carpet Cushions and Supplies, will be held October 10, 2004 at the Colonial Oaks Golf Course in Fort Wayne, IN.
Mortgage Applications Drop 6.3%
Washington, August 25--The Mortgage Bankers Association (MBA) today reported a 6.3 percent drop in applications compared to the previous week.
Sears Signs Target Executive
Hoffman Estates, IL, August 24—Sears has named Luis Padilla from rival Target Corp. to become its first president of merchandising.
Shaw’s Julian Saul Heads Group in Resort Purchase
Calhoun, GA, August 19-- Julian Saul, president of Shaw Industries, is one of three North Georgia investors who came together to purchase the North Georgia, Barnsley Gardens Inn & Golf resort.
Dillard's Losses Narrow in 2Q
Little Rock, AR, August 18--Dillard's Inc. on Wednesday reported a narrower quarterly loss as it cut costs, but a drop in same-store sales caused the latest results to miss Wall Street's estimates by a wide margin.
California’s Art Tile has Something for Everybody
Oakland, CA, August 17--It's Monday morning. Trucks line the curb of Art Tile in Temescal, where contractors are stocking up on tile for the workweek ahead, according to the Contra Costa Times.
Target Eyeing Hudson's Bay
Minneapolis, MN, August 16--Target Corp. may be nearing a deal to buy part or all of Canadian retailing giant Hudson's Bay in a deal that could be worth nearly $860 million, according to a published report.
Economists Cut GDP Forecasts
New York, August 13--Economists slashed their forecasts for third-quarter growth, but they see the weakness as short-lived and anticipate job growth ahead, according to the latest Wall Street Journal Online economic-forecasting survey.