Interface Amends Credit Facility
Atlanta, GA, June 20--Interface, Inc. today announced the consummation of an amendment and restatement of its revolving credit facility, effective June 18.
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.
Consumer Flooring Magazine Debuts
Albany, NY & Ghent, NY, June 20--A new national consumer magazine is on newsstands--Fabulous Floors--the first magazine of its kind dedicated solely to the fashion of flooring.
3M Looks To Get Scotchgard Back On Track
Maplewood, MN, June 20--Scotchgard is back. The familiar plaid aerosol can never really disappeared from the shelves. But Scotchgard's journey back to the market has been rocky, and the stain repellent is still missing from the furniture upholstery in
Index of Leading Economic Indicators Rebound
New York, NY, June 19--A key measure of future economic activity rose in May, bolstering hopes that the economy may be headed for a rebound.
Bed Bath & Beyond's Profit Up
Union, NJ, June 19--Home goods retailer Bed Bath & Beyond Inc. on Wednesday said its first-quarter profit rose about 24 percent, beating its expectations as cost controls and a better sales mix helped lift profit margins.
Asbestos Victims Launch Ad Campaign
Washington, DC, June 19--Asbestos victims and consumer and environmental groups unveiled a multi-state television ad campaign against a bill to curb asbestos claims on Wednesday as the proposal neared Senate committee action.
Leggett & Platt Lowers Outlook
St. Louis, MO, June 19--Lower sales, continued high energy costs and a weaker U.S. dollar are just some of the reasons that Leggett & Platt Inc. (LEG) lowered its second-quarter and full-year forecasts, Chairman and Chief Executive Felix Wright said.
Local Players A Force In Oklahoma City Furniture
Oklahoma City, OK, June 19--The recent acquisition of Evans Furniture by Mathis Brothers Furniture has further consolidated Mathis' grip on the $223 million-a-year furniture market in Oklahoma City, according to the Daily Oklahoman.
Home Depot CFO Says Earnings, Remodeling On Track
Charlotte, NC, June 19--Home Depot Inc. Chief Financial Officer Carol Tome reiterated the home-improvement giant's guidance that 2003 earnings will increase 9% to 14% on a sales increase of 9% to 12%.
Furniture Makers Group Working On Marketing Campai
High Point, NC, June 18--The American Furniture Manufacturers Association board of directors Monday announced its intention to explore an advertising campaign to increase demand for home furnishings products.