Content about building materials

April 12, 2013

U.S. retail sales fell 0.4% in March, the biggest decrease in nine months, amid a slowdown in hiring and higher taxes. Excluding sales of autos, gas and building materials, core sales dropped 0.2% in March, following a 0.3% increase in January.

NEW YORK — U.S. retail sales fell 0.4% in March, the biggest decrease in nine months, amid a slowdown in hiring and higher taxes. Excluding sales of autos, gas and building materials, core sales dropped 0.2% in March, following a 0.3% increase in January.

December 21, 2012

Mohawk adds to flooring portfolio

Mohawk Industries plans to acquire leading ceramic tile manufacturer The Marazzi Group.

The $1.5 billion acquisition will make Mohawk, a flooring industry leader best known for carpeting, the world leader in ceramic tile, according to the company. The Marazzi Group is said to be the leading manufacturer and marketer of ceramic tile in all its major geographies, including Russia, the United States, Italy, France and Spain, with 2011 revenues of nearly $1.2 billion. The deal is expected to close in the first quarter of 2013.

July 12, 2011

Retailers and charities get together with new matching service

The Retail Orphan Initiative on Tuesday announced the launch of an online charity locator to match up retailers looking to donate overstocked merchandise with local charities.

NASHVILLE, Tenn. — The Retail Orphan Initiative on Tuesday announced the launch of an online charity locator to match up retailers looking to donate overstocked merchandise with local charities. The charity locator features an interactive map of nearby charities from a RetailROI-developed database of 501c3 organizations across the country that focus on at-risk children, women in distress or families in need.

February 10, 2011

More exec changes at Lowe’s

Lowe’s personnel changes are becoming hard to keep up with. At the end of last month, the company announced the retirement of long-time president and COO Lary Stone -- along with the news of several executive changes in the areas of merchandising, store operations and strategic planning -- then yesterday announces another round of executive promotions, including a replacement for the post vacated by Robert Gfeller Jr., who was recently promoted to EVP merchandising.

MOORESVILLE, N.C. – Lowe’s personnel changes are becoming hard to keep up with.