Chain Store Sales Up 1.3% Last Week
New York, November 9--The International Council of Shopping Centers-UBS Retail Chain Store Sales Index rose by 1.3% in the week ended Nov. 6.
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Consumer Debt Up $9.8B in September
Washington, DC, November 8--Shoppers dug out the plastic in September, as a hefty jump in credit and charge card use pushed consumer debt up a larger-than-expected $9.8 billion, a Federal Reserve report on Friday showed.
Penney’s October Same-Store Sales up 2.1%
Plano, TX, November 4--J.C. Penney said on Thursday its October sales at department stores open at least a year rose 2.1 percent and raised its quarterly profit forecast.
Swift to Retire as Mohawk CFO
Calhoun, GA, November 1--Mohawk Industries Inc. today announced the intention of John D. Swift, vice president-finance and chief financial officer, to retire effective December 31, 2004.
2nd NeoCon East Draws 6,000 Plus
Baltimore, MD, November, November 21--In its second year at the Baltimore Convention Center, NeoCon East drew 6,000 attendees from across the Mid-Atlantic region.
3Q GDP Up 3.7%
Washington, October 29--Gross domestic product increased at a 3.7% annual rate, the Commerce Department said Friday in its first of three readings on third-quarter growth.
Georgia-Pacific’s 3Q Earnings Up 25%
Atlanta, GA, October 28--Georgia-Pacific Corp. on Thursday posted a larger third-quarter profit, lifted by increased prices on tissue, packaging and paper products and stronger results from its building products division.
Inspectors Probe Formosa Explosion Site
Illiopolis, IL, October 27 - U.S. Chemical Safety Board inspectors are just now getting to ground zero at the Formosa Plastics plant near Illiopolis and are retrieving equipment for testing.
DuPont Posts 3Q Profit vs. Loss
Wilmington, DE, October 26--DuPont Co. posted a third-quarter profit versus a year-ago loss on strong demand despite high energy costs, the second-largest U.S. chemicals maker said on Tuesday.
Weyerhaeuser 3Q Earnings Up
Federal Way, Way, October 25--Weyerhaeuser Co. said its third-quarter earnings soared from a year ago, helped by favorable market conditions for its wood and paper products and big one-time gains.