Federated OKs Lord & Taylor Sale
Cincinnati, OH, August 1, 2006--Federated Department Stores Monday received approval for its plans to sell its 48-store Lord & Taylor department store chain to a private guilty group and a real estate developer.
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.
Weyerhaeuser Completes Sale of Five Mills
Federal Way, WA, July 31, 2006--Weyerhaeuser Co., said it completed the sale of its North American composite panels business to Flakeboard America Ltd., the U.S. subsidiary of Markham, Ontario-based Flakeboard Co. Ltd.
Business Roundtable Testifies on Cyber Security
Washington, DC, July 31, 2006--Testifying before a Senate Homeland Security and Government Affairs Subcommittee today, Karl Brondell of State Farm Insurance Companies warned that the U.S. is not adequately prepared for a cyber catastrophe.
Kronospan Receiving New Loans
Kiev, Ukraine, July 31, 2006--The European Bank for Reconstruction and Development (EBRD) is taking part in syndicating loans for the Kronospan Ukr timber mill, in Novovolynsk, Volyn region, for a total of 60 million euros.
GarageFloor.com, Launches Affiliate Program
Grand Junction, CO, July 28, 2006--GarageFloor.com, A division of JNK Products, LLC, announced today the implementation of its affiliate program.
Stifel Nicolaus Upgrades Interface to Buy
Richmond, VA, July 27, 2006--Stifel Nicolaus upgraded Interface to buy from hold, noting the company's quarterly results.
NRF Urges Passage of Business Activity Tax Bill
Washington, DC, July 26, 2006--The National Retail Federation today urged the House to approve legislation that would limit states’ ability to impose business activity taxes on out-of-state companies.
Chain Store Sales Up Last Week
New York, NY, July 25, 2006--Chain store sales rose in the latest week as shopping ahead of the school term boosted activity, according to a report on Tuesday.
A Carpet That Gauges Age and Gender?
Tokyo, Japan, July 25, 2006--A research team at Japan's National Institute of Advanced Industrial Science and Technology has developed a sensor carpet that can categorize people by age and gender.
AmericasMart Announces ROY Awards
Atlanta, GA, July 25, 2006—Winners of the 13th annual Retailer of the Year (ROY) awards were announced at the July 2006 Atlanta International Area Rug Market, which was co-sponsored by the Oriental Rug Retailers of America (ORRA).