Wal-Mart's Same Store Sales Up
Bentonville, AR, Dec. 4--Wal-Mart Stores' November same store sales rose 3.9%, even with Wall Street's estimate, but comparable sales growth at both the Wal-Mart and Sam's divisions wasn't as strong as expected.
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.
Rumors Of Home Depot Buy Kingfisher Resurface
Atlanta, GA, Dec. 3--Recurrent rumors resurfaced Tuesday that Home Depot is interested in acquiring London-based home improvement retailer Kingfisher PLC, and the speculation fueled a rise in Kingfisher's stock.
Home Depot To Acquire Maintenance Supplier
Atlanta, Dec 2--The Home Depot (NYSE: HD) announced that it has entered into an agreement to acquire Economy Maintenance Supply Company ("EMS").
Mitsubishi Rayon to Focus on Carpet Tile
Tokyo, Dec 3--Mitsubishi Rayon Co. has decided to withdraw from the roll carpet and artificial turf businesses and focus all its carpet resources on self-adhesive tile carpets.
Old Wood Gets Recycled in North Carolina
Scotland Neck, NC, Dec. 3--The old country church had been turned into a storage shed, then given over to snakes, spiders and pigeon waste, according to the NewsObserver.com
Solutia Rejects Asbestos Settlement Costs
St. Louis, MO, Dec. 2--Solutia Inc. notified Monsanto and Pharmacia that it would not be making a $3 million payment to satisfy litigation settlements in two asbestos cases brought against Pharmacia.
RJM Buys Part of Hudson Commercial
Tampa, FL, Dec. 3--RJM Consulting Inc. in Tampa announced Tuesday that it acquired the Tampa division of Hudson Commercial Flooring Inc.
Productivity Hits 20-Year High
Washington, Dec. 3--Productivity at U.S. companies hit a 20-year high in the third quarter.
Retail Sales Only Fair In November
New York, NY, Dec. 1--November retail sales are expected to show only moderate gains from last year's poor results as recent warm weather hurt sales of winter gear, and some shoppers hesitated amid a lack of holiday bargains.
Surfaces 2004 To Host New Education Program
Dallas, TX, Dec. 2--Surfaces 2004 continues to provide floorcovering professionals with the information they need to increase sales and profitability.