Afghan Carpet Weavers Not Too Keen on Karzai
Kabul, Afghanistan, October 4--Whoever wins Afghanistan's presidential election this week, the lives of Najiya, and Zakir Hussain, aged nine and 10 respectively, aren't going to change much.
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.
Costco on Track for Earnings Increase of 14%
Issaquah, WA, October 1-- Costco's fourth-quarter sales rang up below Wall Street's expectations, but analysts aren't too concerned about a major hit to earnings.
Consumer Income Up, Spending Flat
Washington, DC, September 30--Personal income rose 0.4% in August, according to a Commerce Department reported issued Thursday. It was the largest increase since May.
Shanahan Named FieldTurf Regional Sales Manager
Dalton, GA, September 29--James (Jim) Shanahan has been appointed regional sales manager, Atlantic Region, by FieldTurf. Shanahan will be based in Philadelphia.
Caraustar Increases Prices on Tubes and Cores
Atlanta, GA, September 28--Caraustar Industries announced that it will raise prices on all paper tube and core product lines by a minimum of five percent.
Middle Class Consumers Buy Luxury Goods by Cutting
Seattle, WA, September 27---A Kent, Wash., school-district manager spends almost $2,500 on a luxury vacation to Tahiti, complete with a skipper for her chartered catamaran -- but buys discount clothes and eats "whatever vegetable is on sale that week."
Steelcase Swings to 2Q Profit
Grand Rapids, MI, September 23--Steelcase Inc. swung back to a quarterly profit from the previous quarter, but warned that rising steel prices would hurt results going forward.
Rare Rug Theft Kicks off Hunt in Iran
Tehran, Iran, September 24--A precious and rare carpet has been stolen from the Iranian Carpet Museum in Tehran, kicking off a massive hunt, according to the Persian Journal.
KB Home Reports Record Third Quarter Results
Los Angeles, September 20 -- KB Home announced record financial results for its third quarter ended August 31, 2004.
Wear-Dated Provides Entry for American Baby Faire
Kennesaw, GA, September 21 -- Wear-Dated carpet fiber provided the entryway carpet for the American Baby Faire in Atlanta, Georgia on September 11th-12th.