Q.E.P. Boosts Third Quarter Earnings
Boca Raton, FL, Jan. 9--Third quarter earnings increased 58% at Q.E.P. Co. as sales increased 13%. Shares closed up 17.27%.
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.
Monsanto Still Gauging Costs Of Solutia Bankruptcy
St. Louis, MO, Jan. 8--Monsanto Co. on Wednesday said it was still analyzing the company's potential liability from the bankruptcy of former affiliate Solutia.
Solutia Bankruptcy Update
St. Louis, MO, Jan. 8--Solutia Inc.'s U.S. Bankruptcy Court hearing for approval of final debtor-in-possession financing was adjourned to Jan. 16 from Jan. 9, in order to give the creditors' committee time to study the proposed financing.
Sears Grand Is Latest Sears Experiment
Rancho Cucamonga, CA, Jan. 8--The future of Sears, a retailer whose past is already part of American legend, may be under construction in Rancho Cucamonga, according to Press-Enterprise, Riverside, California.
Carpet One Adds Five Diamond Installation Excellen
Manchester, NH, Jan. 8--Carpet One recently welcomed five members into its premier Five Diamond Installation Excellence Program.
AmericasMart Plans Major Expansion
Atlanta, GA, Jan. 8--Renowned Atlanta architect-developer John Portman's AmericasMart has purchased the long-vacant bus station for a major expansion of the home furnishings and apparel marketplace, according to the Atlanta Journal-Constitution.
Big Retailers Report Good December Sales
New York, NY, Jan. 8--Wal-Mart's sales at U.S. stores open at least a year rose 4.3% in December, well within the 3% to 5% projection some analysts thought the retailer might not be able to achieve.
Universal Forest Products Named A Best Performing
Grand Rapids, MI, Jan. 7--Universal Forest Products, Inc. announced it was again named to Forbes magazine's Platinum 400 listing.
Overdue Credit Card Bills Reach New High
Washington, DC, Jan. 7--The percentage of customers who were late on their credit card bills hit a record high in the third quarter of 2003, according to the American Bankers Association.
CFI Sponsoring Surfaces Information Booth Again
Kansas City, MO, Jan. 7--This is the fourth year that CFI is sponsoring the Information Booth at Surfaces.