Today's 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.

Sale Of Burlington Likely This Month

Charlotte, NC, July 9--Five months after legendary investor Warren Buffett flirted with buying Burlington Industries Inc., the Greensboro-based textile giant is on the verge of being sold, according to the Charlotte Observer.

Economists Forecast A Second Half Rebound

New York, NY, July 7--Massive fiscal stimulus, in the form of tax cuts, and improving business profits should lead to a long awaited economic rebound in the second half of the year, according to 54 economists surveyed by The Wall Street Journal.

UK Carpet Expert Dies

Kidderminster, UK, July 2-- Derek Woodward, former vice-chairman of Brintons, Kidderminster, and one of the longest-serving directors in the town's carpet industry, has died at the age of 90 according to the Express and Star.

Carpetright’s CEO Yields to Critics over Laminates

Rainham, Essex, UK, July 2--Lord Harris of Peckham, chairman and chief executive of UK-based carpet and floor coverings retailer Carpetright, yesterday held up his hands and took the blame for the group's late launch into the ever-growing laminated fl