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.
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.
Tiles Pose Slippery Problem In New York Subway
New York, NY, June 19--Straphangers on an East Side subway platform are slipping and falling on imported floor tiles that transit officials are installing in stations citywide, officials said Wednesday.
Chemical Firms Could Divest Fiber Divisions
Anderson, SC, June 20--Stagnant sales and falling profits have led DuPont and other chemical companies to try to sell their textile fiber businesses.
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.
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%.
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.
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.
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.