Lowe's Looking To Move Into Atlanta
Atlanta, GA, Dec. 7--In 1997, Lowe's began to blanket the Atlanta suburbs with new stores.
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.
Lowe's Institutes Share Repurchase Program
Mooresville, NC, Dec. 8--The Board of Directors of Lowe's Companies, Inc. has approved a share repurchase program of up to $1 billion effective immediately.
New Wool Testing Center Opened
Belfast, UK, Dec. 8--Details of a new state-of-the-art wool testing center, to be opened in North Wales and planned to service the Northern Hemisphere, was announced at the IWTO (International Wool Textile Conference) in Dubrovnik.
Kmart Narrows Losses, Sales Fall
Troy, MI, Dec. 8--Kmart Holding Corp. on Friday reported a steep slide in sales as it cut back on discounts, a move that helped narrow its quarterly loss and turn a rare profit in November.
Ross Pushes Cooperative Trade Efforts
High Point, NC, Dec. 5--Billionaire financier Wilbur Ross addressed a meeting of North Carolina manufacturers Thursday, according to the High Point Enterprise.
CRI Announces Promotions
Dalton, GA, Dec. 5--Werner Braun, president of The Carpet and Rug Institute (CRI), announced today that Ken McIntosh has been named Senior Director for Technical Services for the national trade association.
Unemployment Rate Drops
Washington, DC, Dec. 5--The unemployment rate dropped to an eight-month low in November even as employers slowed the pace of hiring.
Solutia Says Alabama Residents Aren't Owed Mor
St. Louis, MO, Dec. 5--Alabama residents who settled with Solutia Inc. and the old Monsanto Co. in 2001 over polychlorinated biphenyl, or PCB, claims aren't owed any more money for several reasons, the companies claim.
Advanced Adhesives Names VP of Sales
Dalton, GA, Dec. 5--Advanced Adhesives Technologies has named Wade R. Verble their new Vice President of Sales.
Leading Retailers Report Mixed Sales
New York, NY, Dec. 5--Hopes for a robust holiday shopping season faded Thursday after the nation's retailers reported mixed results for the Thanksgiving weekend and all of November.