Home Depot To Buy Back Shares, Invest In New Store
Atlanta, GA, May 30--Home Depot plans to repurchase up to $500 million of stock, citing its "strong cash position and stellar financial condition."
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.
Scotty's To Close Two More Florida Stores
Lakeland, FL, May 30--Scotty's Inc. will close two more stores Saturday, including its North Lakeland outlet, to redevelop the properties for other retail businesses, the company announced Wednesday, according to the Lakeland Ledger.
114 Million Euros Offered for Casco Impregnated Pa
New York,NY, May 29--Harvest Partners, Inc., and Deutsche Beteiligungs limited partner of Harvest Partners, have reached an agreement with Netherlands-based Akzo Nobel N.V. to purchase the Casco Impregnated Papers business of Akzo Nobel (CIP) for euro 114
Carpet Installer Awaits Patent for Device He Inven
Pittsburgh, PA, May 29--Dale Marizzaldi never expected to become an inventor when he chose freelance carpet-laying as an occupation 27 years ago, according to the Pittsburgh Post-Gazette.
Honeywell Announces 2nd Annual Carpet Sale Promoti
Dalton, GA, May 29--Honeywell’s Anso nylon is launching its second annual “Anso Nylon National Carpet Sale” promotion September 1 through Oct 20, 2003. Qualified Anso Advantage Account dealers have until May 31 to register for participation.
Witex AG Will File Bankruptcy
Kennesaw, GA, May 28--As reported on floordaily.net earlier, Pergo has decided to cancel the acquisition of Witex AG.
Binder Appointed New Marketing VP at Flooring Amer
Manchester, NH, May 29--Deb Binder has joined Flooring America as its vice president of marketing, announced Evan Hackel, president.
WONZ to Provide Wool Research Technology to India
Sydney, Australia, May 28--New Zealand will provide wool research technology to India under a Memorandum of Understanding signed between the Indian Institute of Carpet Technology and Wool Research Organisation of New Zealand.
CRI Distributes Video to Physicians
Dalton, GA, May 28--More than 15,000 asthma and allergy physicians throughout the U.S. are receiving a 3-minute audio-visual presentation highlighting new studies confirming that well-maintained carpet helps to reduce the likelihood of breathing problems
New Home Sales Rise
Washington, DC, May 27--Low mortgage rates beckoned buyers in April and pushed up new-home sales to the highest level this year.