Lowe’s is Fortune's “Most Admired” Specialty
Mooresville, NC, Feb. 25--Lowe’s Companies, Inc. is the most admired specialty retailer in America for the second year in a row, according to the FORTUNE 2004 rating of Most Admired Companies.
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.
Columbia Flooring's Danville Plant Wins Award
Danville, VA, Feb. 25--Columbia Flooring's Danville engineered hardwood flooring plant received the 2003 President's Award for outstanding performance.
Forbo Teams with INSTALL to Certify Installers
St. Louis, MO, Feb. 25--Professional installers of resilient flooring will now have more opportunities to earn a Forbo Associate Mechanic certification.
Builders Vote Armstrong Tops in Brand Use Study
Lancaster, PA, Feb. 25--Armstrong and Bruce Hardwood Floors were voted brand leaders in multiple categories, winning Builder Magazine's 2004 Brand Use Study in laminate, vinyl and wood flooring.
Group Can't Block Sale of Cone Mills
Charlotte, NC, Feb. 25--A committee in the Cone Mills Corp. bankruptcy case failed to meet a midnight deadline to post a $35 million bond that would have stalled the sale of the company to WL Ross & Co.
Bankruptcy Court Approves Armstrong Land Sale
Lancaster, PA, Feb. 25--Armstrong World Industries' agreement to sell surplus, vacant land to the owner of B&B Yamaha has been approved by a bankruptcy court judge.
Luxury Home Sales Up
Parsippany, NJ, Feb. 23--Coldwell Banker Real Estate Corporation today announced another blockbuster year for the sale of luxury homes valued at $1 million or more.
Consumer Confidence Drops
New York, Feb. 24--U.S. consumers became much more cautious in February as worries about jobs mounted, the Conference Board said Tuesday.
Federated Earnings Up
Cincinnati, OH, Feb. 24--Federated Department Stores, Inc. today reported fourth quarter results for the year ended January 31, 2004 that reflected strong sales and earnings trends.
Retail Innovator Meijer Adapting to Compete with W
Grand Rapids, MI, Feb. 24--Meijer celebrates its 70th anniversary this summer by reinventing the supercenter concept it created in 1962.