Burlington Shareholder Seeks Company Inquiry
Greensboro, NC, July 16--A shareholder wants the court overseeing Burlington Industries Inc.'s Chapter 11 case to allow an investigation into the company and Chief Executive George Henderson.
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 Store Expansion On Track
Atlanta, GA, July 15--Home Depot Inc. Chairman Robert Nardelli said on Tuesday that the retailer was not backing off its plans to open 200 stores and hire 40,000 workers in 2003.
Retail Sales Rise
Washington, DC, July 15--America's shoppers emerged from a lull and got into the buying groove in June, driving up sales at the nation's retailers by 0.5 percent, the best showing in three months.
Home Depot Testing Self-Checkout
Miami, FL, July 15--Home Depot has a new project for its do-it-yourself aficionados: do-it-yourself checkout, according to South Florida Sun-Sentinel.
Pillowtex Lenders Extend Loan Agreement
Kannapolis, NC, July 15--Pillowtex Corp. said on Monday its term lenders have extended a forbearance agreement and decided not to take action following the company's default on interest and principal payments.
North Carolina Recycling Group Thinks Out Of The B
Ashville, NC, July 14--Cleaning up the environment is sometimes a balancing act, as reported in the Ashville Daily-Times.
Home Depot Shares Upgraded To Buy
New York, NY, July 11--Home Depot Inc., the home improvement retailer, has made some improvements in its own house, making it a "far better" company than last year, according to Banc of America Securities LLC.
Increasing Job Opportunities At Big Boxes
Atlanta, GA, July 14--Perhaps it's a reaction to the threat of terrorism. Maybe it's Martha Stewart's influence. Or the popularity of TV shows such as Trading Spaces and While You Were Out, according to the Dallas Morning News.
Q.E.P. First Quarter Earnings Up
Boca, Raton, FL, July 10--Q.E.P. CO., today announced financial results for its fiscal 2004 first quarter ended May 31, 2003.
Iowa Retailer Ar-Jay Expands
Cedar Rapids, IA, July 11--A major expansion of Ar-Jay Building Center beginning this week will bring the company's Comfort Living Center and Carpets Plus of Iowa locations under the same roof, according to the Cedar Rapids Gazette.