Federated Sells 63 Stores
Washington, DC, September 8, 2006--Federated Department Stores Inc., sold or agreed to sell 63 stores as of Thursday, according to its quarterly report filed with the Securities and Exchange Commission.
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.
Laticrete’s Rothberg Elected to CTDA Hall of Fame
Bethany CT, September 8, 2006--Laticrete International founder and chairman emeritus, Dr. Henry M. Rothberg, will be inducted into the Ceramic Tile Distributors Association (CTDA) Hall of Fame.
Steelcase Buys Canadian Furniture Maker
Grand Rapids, MI, September 7, 2006--Office furniture maker Steelcase said it has acquired privately held health care furnishings manufacturer Softcare Innovations Inc.
Jobless Claims Drop Last Week
Washington, DC, September 7, 2006--The number of new filings for state unemployment benefits fell by 9,000 to 310,000 in the week ending Sept. 2, according to the Labor Department.
Wholesale Inventories Up in July
Washington, DC, September 7, 2006--Inventories of wholesalers rose 0.8% in July, beating economists' expectations, while sales at the wholesale level rose 0.4%, the lowest level since February
Dubbeldam and Furjan Show New European Architects
New York, NY, September 7, 2006--P.A.N. [Progressive Architecture Network], an architecture exhibition curated by Winka Dubbeldam and Helene Furjan, will be on view at Frederieke Taylor gallery from October 27-December 2, 2006.
Non-Manufacturing Activity Up in August
Tempe, AZ, September 6, 2006--Business activity in the non-manufacturing sector increased in August 2006, say the nation's purchasing and supply executives in the latest Non-Manufacturing ISM Report On Business.
World Market Center Expands January Hotel Lineup
Las Vegas, September 6, 2006--World Market Center officials today announced an expanded lineup of hotel partners for the January 2007 Las Vegas Market as part of an effort to provide more hotel choices at a variety of rates.
Godfrey Hirst Rethinks Feltex Buy
Wellington, New Zealand, September 6, 2006--Godfrey Hirst yesterday said it has decided to pull back on its takeover offer for Feltex, which according to the Feltex Shareholders Association, could be a good thing in the long run.
Sleepyhead’s Feltex Bid Expected Soon
Wellington, New Zealand, September 5, 2006--Carpet maker Feltex says there is still no offer from the Turner brothers for the financially troubled company.