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.
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.
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.
Study Says Plasticizer Exposure Linked to Asthma &
Cary, NC, October 15--Dust collected from the homes of children with persistent allergic symptoms had higher levels of certain phthalates (a class of common chemical additives) in it than dust found in homes of children without symptoms, according to a ne
Linens 'n Things Expects 3Q Earnings to be Bel
Clifton, NJ, October 14--Linens 'n Things Inc. said its quarterly profit would fall below its previous forecast on slow shopper traffic through its stores and the impact of hurricanes.
Honeywell and CWI Launch Vesantri
Dalton, Ga, October 12--Honeywell Nylon and CWI, a recognized leader of commercial carpet products, announced a new collection of highly styled upscale products designed for the residential market.