Armstrong to Increase Prices on Some Hardwood Prod
Lancaster, PA, Apr. 8--Armstrong announced today that it will initiate an average seven to eight percent price increase on selected solid hardwood products.
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.
Fabrica Co-Founder Picked by Bush
Crawford, TX, Apr. 9--On Thursday, President Bush picked Fabrica International co-founder Albert Frink to head up efforts to reverse the trend of heavy manufacturing job losses, months after the adminisration announced the initiative.
Wal-Mart Sales Up
Bentonville, AR, Apr. 8--Wal-Mart reported March sales Thursday that came in at the high end of its earlier guidance, boosted by strong demand for Easter merchandise and clothes.
JCPenney Has Strong March Sales
Plano TX, Apr. 8--JC Penney Company reported today that comparable department store sales increased 11.4 percent for the five weeks ended April 3, 2004.
Harpeth Capital Helps Finance McMinnville Sale
McMinnville, TN, Apr. 8--Brentwood-based Harpeth Capital has helped sell McMinnville Manufacturing to privately held Columbia Flooring of Danville, VA.
Home Depot Names Senior VP
Atlanta, GA, Apr. 8--The Home Depot announced it has named Brad Shaw as senior vice president of Corporate Communications and External Affairs.
Costco March Sales Up
Issaquah, WA, Apr. 8--Costco Wholesale sales jumped 11 percent in March at stores open at least a year.
Invista Purchase Price Lowered
Wilmington, DE, Apr. 6--DuPont today announced that KED Fiber Ltd. and KED Fiber, LLC, subsidiaries of Koch Industries, have advised DuPont that they intend to accelerate the closing of the sale of Invista to April 30.
FieldTurf in Talks With Tarkett Group
Paris and Montreal, Apr. 8--FieldTurf Inc. and Tarkett are poised for an historic announcement. Talks between the two companies regarding a strategic alliance have resulted in a letter of intent, signed March 4, 2004.
Raymond James Ups Lowe's To Strong Buy
Charlotte, NC, Apr. 7--Raymond James & Associates boosted its rating on Lowe's Cos. Inc. and increased first-quarter earnings guidance for both Lowe's and larger rival Home Depot Inc., citing signs that some of the retailers' major suppliers a