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.
Minneapolis, MN, Nov. 14--Target Corp. had higher earnings in the third quarter, the result of positive results for its Target discount unit, which made up for sluggish sales at its Marshall Field's and Mervyn's department stores.
Trelleborg, Sweden, Nov. 13--Pergo and Lowe's have made plans to roll out a customized collection of Pergo laminate flooring in the U.S. early next year.
MERCERVILLE, N.J., Nov. 14--Congoleum Corp. in the third quarter reported net income that was off 50 percent to $600,000 or $0.07 per share, versus $1.2 million or $0.14 per share in the same quarter of prior year.
Trelleborg, Sweden, Nov. 12--Pergo AB and the mainshareholder of Witex AG, HW Industries GmbH & Co. KG, have signed a letter of intent concerning a merger between Pergo and Witex.
Bentonville, AR, Nov. 11‹Wal-Mart Stores said it¹s on track to meet its November sales growth target of 2% to 4% after results for the first week came in on plan.
Lancaster, PA, Nov. 8--Armstrong Holdings, had third quarter net sales of $846.0 million, compared to $804.9 million in the same period a year ago, an increase of 5.1%.
Lancaster, PA Nov. 12-- Armstrong World Industries will record a charge of more than $2.4 billion to increase liabilities subject to compromise if its proposed reorganization plan is approved and becomes effective.
Morris Township, NJ, Nov. 11--Honeywell has named Tony DiLucente vice president of Honeywell Carpet Fibers, effective immediately.
Lancaster, PA, Nov. 8--The New York Stock Exchange has determined to suspend trading and pursue delisting Armstrong Holdings'AHI common stock.
Dalton, GA, Nov. 6--The American Floorcovering Alliance (AFA) has elected new officers and directors to its 2002-2004 board of directors.