Costco Beats Q4 Earnings, Misses Sales
Issaquah, WA, October 7--Costco Wholesale beat analyst expectations for its fiscal fourth quarter profit but missed expectations on sales.
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.
Report: Federated Looking to Sell Credit Card Port
Cincinnati, OH, November 15-- Federated Department Stores Inc. is looking to sell its credit card portfolio for about $3 billion, according to a New York Post report.
Toll Reiterates '05 Income Growth of 30% Plus
Huntingdon Valley, PA, November 8--Luxury home builder Toll Brothers Inc.'s demand through the end of October was very strong, chairman and chief executive Robert Toll said on Wednesday, reiterating its outlook from last month.
San Francisco Announces Green Building Ordinance
Washington, October 29 - San Francisco has announced the adoption of a Green Building Ordinance, which requires that all new projects, including city-owned facilities and leaseholds, achieve a Leadership in Energy and Environmental Design (LEED) Silver ce
Travel Spending Rose 6.9% This Year
Los Angeles, October 26--The Travel Industry Assn. of America will say in its annual forecast Friday that people will spend $592.6 billion on travel in the U.S. this year, up 6.9% from 2003, according to the Los Angeles Times.
American Fibers Closes Rocky Mount Facility
Rocky Mount, NC, November 15--Job losses in the textile industry continue with American Fibers & Yarn Co.'s Rocky Mount plant closure, according to the Rocky Mount Telegram.
Furniture Industry at Odds as it Awaits Anti-Dumpi
New York, October 28--Furniture retailers and manufacturers are pitted against each other in a battle that could reshape the industry, just days before the Department of Commerce decides on anti-dumping duties for Chinese wooden bedroom furniture.
Malls Seeking to Reinvent Themselves
New York, October 29--Merchants and marketers know far too little about what happens at the point of sale - and about how to make the sales experience exciting and relevant to shoppers.
Chain Store Sales Off 0.6% Last Week
New York, October 26--The International Council of Shopping Centers-UBS Retail Chain Store Sales Index fell by 0.6% in the week ended Oct. 23 compared to the week before.
Martha Stewart Living Posts Wider 3Q Loss
New York, October 29--Martha Stewart Living Omnimedia Inc.'s losses widened in the third quarter from a year ago, and the multimedia company forecast a larger-than-anticipated loss for the fourth quarter.