Payrolls Jump 337,000 in October
Washington, DC, November 5--Payrolls grew by a robust 337,000 in October, more than twice the increase recorded in September, according to the Labor Department.
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.
Sears Same-Store Sales Up 1.9% in October
Hoffman Estates, IL, November 4--Sears, said sales at domestic stores open at least a year rose 1.9 percent in October, breaking a string of six straight monthly declines.
Factory Orders Fall in September
Washington, DC, November 3--New orders at U.S. factories dropped unexpectedly in September, falling 0.4 percent in their biggest decline since April on a big slide in orders for transportation equipment.
Wal-Mart to Expand in China
Beijing, China, November 2--Wal-Mart said it planned at least 10 new stores in China next year, joining other foreign retail giants in taking advantage of new rules letting them move into smaller cities.
Bankruptcy Judge Stalls Solutia Plan
St. Louis, October 28--A federal bankruptcy judge Wednesday indefinitely blocked Solutia Inc. from changing its retirement benefits as part of the chemical concern's bid to save $5 million a year when it emerges from bankruptcy.
Insulated Mat Dries Boots, Heats Room
Chicago, October 26--The Boot Buddy heated, portable rubber mat has many uses in a home, outdoors, in an office or factory and more.
Costco Moves to Furniture
Phoenix, AZ, October--Costco will soon start selling sofas — and you won’t have to purchase them in 20-packs.
Leggett Posts Record 3Q Sales and Earnings
Carthage, MO, October 22-- Leggett & Platt reported record quarterly earnings of $0.41 per diluted share for the third quarter, within the range of guidance issued on July 21. Per share earnings increased 58%.
Clayton Miller Launches Collection for Corporate I
Dalton, GA, October 21 – Clayton Miller, a leader in providing commercial carpets for the high-end hospitality sector, has announced a new collection of products made with Honeywell Nylon’s Zeftron Savant nylon.
Flexco Adds Two New Distributors
Tuscumbia, AL, October 20 — Flexco, a leading manufacturer of rubber, vinyl and ESD control commercial flooring, has added Boone Distributors Inc. and Superior Products Inc. as the newest Flexco distributors.