Pergo and Witex Sign Letter of Intent
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.
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.
Wal-Mart Sales Target On Track
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.
Armstrong Reports 3rd Quarter Results
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%.
Armstrong's Reorganization Boosts Asbestos Exp
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.
Honeywell Names DiLucente VP of Carpet Fibers
Morris Township, NJ, Nov. 11--Honeywell has named Tony DiLucente vice president of Honeywell Carpet Fibers, effective immediately.
NYSE Suspends Trading of Armstrong Stock
Lancaster, PA, Nov. 8--The New York Stock Exchange has determined to suspend trading and pursue delisting Armstrong Holdings'AHI common stock.
AFA Elects Officers and Directors
Dalton, GA, Nov. 6--The American Floorcovering Alliance (AFA) has elected new officers and directors to its 2002-2004 board of directors.
Retail Picture Looking Up
New York, NY, Nov. 8‹The return of cold weather in October brought consumers back to stores and malls to buy warmer clothes, brightening retailers' prospects
Wolstenholme To Head C&A's Business in Europe
Dalton, GA, Nov. 5--Tandus Group has made Ian Wolstenholme managing director of European operations for C&A Floorcoverings.
Federated Opens New Bloomingdale's Format
Cincinnati, OH, Nov. 1--Federated Department Stores has made an agreement to develop a new Bloomingdale's home and furniture store in Oakbrook Center, west of Chicago.