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Tile Shop won’t restate earnings
Plymouth, Minn. -- The Tile Shop says it rejects a report stating its historical financial statements may require restatement along with other accounting irregularities. The company denies these allegations and believes that the financial statements are properly stated and its business practices are appropriate.
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Ikea announces 40th solar project
Conshohocken, Pa. -- Ikea announced solar energy is planned for its store under construction in Sweetwater, Fla., which is in the Miami-metro area. Pending permits, installation of solar panels on the store’s roof will begin in several months, with completion by grand opening in summer 2014. Ikea contracted with REC Solar for the development, design and installation of the 416,000-sq.-ft. store’s customized solar power system.