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.

More Younger People Prefer To Rent Than Own

Washington, DC, Feb. 8, 2011 -- The percentage of Americans who own their home declined last year, as more people decide a home isn't necessarily a good investment and prefer to rent instead.

Pfleiderer To Post Loss for 2010

Pfleiderer To Post Loss for 2010

Neumarkt, Germany, Feb. 8, 2011 -- Pfleiderer said it will post a loss for the year 2010, which reflects, in part, one-time expenses for the ongoing restructuring of the Pfleiderer Group.

Chain Store Sales Rise, Fundamentals Solid

Chain Store Sales Rise, Fundamentals Solid

New York, NY, Feb. 8, 2011 -- U.S. chain store sales last week rose 2.5% compared with one year ago, according to the International Council of Shopping Centers and Goldman Sachs.

Small Business Confidence at Three Year High

Small Business Confidence at Three Year High

Washington, DC, Feb. 8, 2011 -- Small business confidence in the U.S. rose in January to the highest level in three years, according to the National Federation of Independent Business.

Valinge Replaces CFO After Termination

Valinge Replaces CFO After Termination

Viken, Sweden, Feb. 8, 2011 -- Valinge named Alf Christensson chief financial officer after the firm fired former CFO Bobby Markovski for unidentified "disloyal behavior," according to a website press release.

AP Says Economic Stress Up in December

New York, NY, Feb. 8, 2011 -- Economic stress rose in December because higher foreclosures outweighed lower unemployment, The Associated Press said in its monthly analysis.