Retail Sales Up 0.2% as Auto Sales Drop
Washington, DC, November 12-- The Commerce Department reported that retail sales in October edged up 0.2 percent. The government said that the small increase followed a huge 1.6 percent jump in September.
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.
Gammapar Names New Chief Operating Officer
Forest, VA, November 11 -- Denise Bellenger has been named chief operating officer at Gammapar. Bellenger brings to the Gammapar management team 15 years experience in strategic planning, operations excellence, Information Technology management and organi
State of New Jersey Sues Floor Superstore
Eatontown, NJ, November 10--Linda Branch not only fears the loss of the $1,700 down payment she put down on carpeting at the Floor Superstore on Route 35, but she has been denied the full enjoyment of her brand-new home in West Long Branch while waiting f
Pergo and Unilin Reach Settlement
Trelleborg, Sweden, November 9--Pergo and Unilin have reached an agreement to settle all outstanding issues relating to glue free laminate flooring joint systems.
Armstrong to End Production of Commercial Products
Lancaster PA, November 5--Armstrong Holdings, Inc. yesterday announced plans to end production of commercial products at its plant in Lancaster, Pennsylvania.
Wal-Mart's October Same-Store Sales Up 2.8%
Bentonville, AR, November 4—Wal-Mart said its October same-store sales rose 2.8%, confirming lowered expectations, and the world's largest retailer projected third-quarter earnings at the high end of its estimates.
Q.E.P. Acquires Mexican Flooring and Tool Manufact
Boca Raton, FL, November 3--Q.E.P. Co., today announced that it has acquired the assets of Roberts Mexicana, S.A. de C.V., a Mexican manufacturer and distributor of flooring and specialty tools to wholesale and retail markets.
Saks to Close Two Alabama stores
New York, November 2--Department store operator Saks Inc. said it will close two of its Parisian stores in Birmingham, Alabama.
Interface 3Q Sales Up 11.7%, Will Exit Re:Sources
Atlanta, GA, October 27--Interface, Inc. announced results for the third quarter and also announced its intent, in line with its strategy to concentrate on its core capabilities, to exit its owned Re:Source dealer businesses.
Large Retailers More Eager to Embrace Smaller Site
Atlanta, Georgia, October 26--The supersizing of retail stores may have peaked, according to the Atlanta Journal-Constitution.