Sears Finalizes Purchase of 50 Kmart Stores
Hoffman Estates, IL, September 30—Sears said it completed the planned acquisition of 50 stores from Kmart, agreeing to pay $575.9 million in cash for leasehold interests or buy the properties outright.
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.
Home Depot Intros Stainproof Grout with Scotchgard
Atlanta, GA, September 29--Home Depot today introduced a ground-breaking solution to dirty, stained and damaged grout -- TrafficMaster Stainproof Grout featuring Scotchgard Protector.
Mannington Increases Prices on Its Vinyl and Hardw
Salem, NJ, September 27--Mannington Mills, Inc. announced today that it will be instituting price increases across several residential and commercial product lines.
Rohnert Named EVP of Sales at FlorimUSA
Clarksville, TN, September 27--Florim USA appointed Michael Rohnert to the newly created position of executive vice president of sales.
Report Sees World Polyolefin Prices Rising Through
Houston, September 23 -- Chemical Market Associates, Inc. recently completed the 2005 World Polyolefins Analysis, a multi-client market study covering the world polyolefins markets.
Martha Inks Deal with TV Realty Show Producer
Chicago, September 23-- Martha Stewart could be headed to prime time -- once she's freed from jail, of course.
Martha Ordered to Prison
New York, September 21--A federal judge on Tuesday ordered homemaking icon Martha Stewart to report to prison in less than three weeks to begin serving her five-month jail sentence for lying about a suspicious stock sale.
Dixie Expects 3Q Sales to be Up 25% Despite Ivan
Chattanooga, TN, September 20--The Dixie Group, Inc. today announced that its manufacturing and distribution facilities located in Saraland and Atmore, Alabama, were not significantly damaged by Hurricane Ivan. Revenue has been exceptionally strong during
Homebuilders Get Better Marks
Chicago, September 17-- Customers of U.S. homebuilders were more satisfied with their houses in 2004 than a year earlier as the residential-construction industry continues to make strides in customer service, J.D. Power and Associates reported.
Consumer Prices Up 0.1% in August
Washington, September 16--The consumer-price index rose 0.1% in August, reversing a 0.1% decline in July, the Labor Department said Thursday. The core index -- which excludes food and energy items -- also rose 0.1%, matching the pace in July.