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.

Home Prices Continue To Fall in February

Home Prices Continue To Fall in February

New York, NY, April 24, 2012 -- U.S. home prices fell sharply in February to hit the worst level in nearly a decade, according to the S&P/Case-Shiller 20-city composite index.

UK's Allied Carpets Sold to Floors-2-Go

London, England, April 24, 2012 -- What's left of Allied Carpets has been sold to Floors-2-Go after the firm fell into administration for the third time in three years.

Carpetright Issues Seventh Profit Warning

Carpetright Issues Seventh Profit Warning

London, England, April 24, 2012 -- Carpetright, Britain's biggest floor covering retailer, has issued its seventh profit warning in just over a year despite improved domestic flooring sales.

Tesoro Acquires Commercial Flooring Firm

New Canaan, CT, April 24, 2012 -- Tesoro Enterprises said it has reached agreement to acquire the operations of a regional commercial sales and installation flooring company and absorb it into its subsidiary Fashion Floor Covering & Tile.

U.S. Companies More Upbeat  on Economy

U.S. Companies More Upbeat on Economy

Washington, DC, April 23, 2012 -- Companies are reporting that wages are rising as they modestly increase their hiring, according to the National Association of Business Economics.