Wal-Mart's Profit Rises
Bentonville, AR, Feb. 19--Wal-Mart Stores’ fiscal fourth-quarter profit rose 8.5% amid steady sales growth.
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.
AFL-CIO to Fight GE, Home Depot over Langone
New York, NY, Feb. 19--The investment office of the AFL-CIO has been pressing General Electric Co. and Home Depot Inc. to drop Kenneth Langone from their boards since September.
Paint & Decorating Show Joins National Hardware Sh
Fenton, MO, Feb. 18--The Paint & Decorating Retailers Association (PDRA) show is moving in with National Hardware Show, May 10-12, 2004 at the Sands Expo and Convention Center in Las Vegas.
Judge: Faneuil's Friends Can Testify
New York, NY, Feb. 18--Friends of the star witness in the Martha Stewart trial will be allowed to tell jurors what he confided to them just after the domesticity maven dumped ImClone Systems stock, a judge has ruled.
Jobs Secure at Invista’s Seaford Plant
Seaford, DE, Feb. 18--Jobs at Invista's nylon plant in Seaford are secure, are in fact growing and shouldn't be negatively impacted by plans of prospective new owner Koch Industries.
January Housing Starts Fall
Washington, DC, Feb. 18--Home construction took its first fall in five months in January, making a larger-than-expected drop that was accompanied by a decrease in building permits.
Housing Market Index Off in February
Washington, DC, Feb. 17--Unusually bad winter weather across much of the country was at least partly to blame for a four-point decline in the National Association of Home Builders’ Housing Market Index (HMI) for February, released today.
AstroTurf Maker Files Bankruptcy
Leander, TX, Feb. 17--AstroTurf-maker Southwest Recreational Industries Inc., which installed an artificial playing surface at the Louisiana Superdome, has filed for bankruptcy protection and is going out of business.
Invista, TacFast & Beaulieu Canada Launch “New Sof
Atlanta, Feb, 17--A new soft surface flooring category was unveiled today by Invista, TacFast Systems International and Beaulieu Canada.
Tricycle & Cobble Form Partnership
Chattanooga, TN, Feb. 16--Tricycle, Inc., a leader in surface simulation and design technology, announces a cooperating partnership with Cobble USA and Cobble Blackburn (UK).