UK’s Topps Tiles Tops Off Strong Year
Cheshire, England, October 1---Tile and wood flooring specialist Topps Tiles has continued to see strong sales growth, with like-for-like sales up by more than 20 per cent across the past year.
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August Construction Spending Up 0.8%
Washington, October 1--A surge of homebuilding pushed total outlays for construction projects up by a better-than-expected 0.8 percent in August, the Commerce Department said Friday.
Bassett Furniture’s 3Q Sales and Earnings Off
Bassett, VA, September 30--Bassett Furniture Industries Inc. said its third-quarter sales and profits dropped slightly.
Bissell to Buy Woolite Rug & Upholstery Business F
Grand Rapids, MI, September 27, Bissell Homecare said it has entered into an agreement to purchase the Woolite Rug and Upholstery business from Playtex Products.
Lowe's Outlines Growth Strategies at Investor
New York, September 28--Lowe's will tell analysts and investors today in Manhattan at its annual conference that the company's strategic initiatives, customer focused culture, and strong management team position Lowe's to build on its success
Rug Smugglers May Get Heavier Punishment
London, England, September 27--Following a report that a rare carpet was recently stolen from the Carpet Museum of Iran, Cultural Heritage and Tourism Organization (CHTO) Deputy Director Taha Hashemi said the government must consider imposing heavier pun
Leading Indicators Off for 3rd Consecutive Month
New York, September 23--The Conference Board, a private research group, reported Thursday that its composite index of leading indicators fell by 0.3% to a reading of 115.7 in August, from the revised 0.3% decline seen the month before.
Home Depot Donates $3 Million to Hurricane Relief
Atlanta, September 22 - The Home Depot has committed $3 million to aid in the rebuilding efforts of communities in Florida and other areas that have been battered by Hurricanes Charley, Frances and Ivan.
Most Americans Shop at Wal-Mart
Columbus, OH, September 20 - Half of all US primary household shoppers visit a Wal-Mart store on a monthly basis, reports Retail Forward in the company's newest Wal-Mart World program report, Wal-Mart Shopper Update.
Penney's Eyeing Mervyn's Sites
Chicago,IL, September 20-- J.C. Penney could purchase as many as 40 stores from the new owners of Mervyn's in a move that could notably downsize the Mervyn's chain while helping Penney expand its off-mall store base.