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.

Former HD Employee To Plead Guilty in Scheme

Former HD Employee To Plead Guilty in Scheme

Atlanta, GA, May 30, 2008--A former Home Depot manager plans to plead guilty to charges in an international scheme to make money by connecting foreign flooring suppliers with buyers, according to a story in the Atlanta Journal-Constitution newspaper.

Bill Gates Enters The Carpet Business in UK

London, England, May 29, 2008--Microsoft founder Bill Gates is in the flooring business. His Cascade Investment has taken a 3 percent stake in Britain's Carpetright, which has been hard hit by the soft housing market there.

Initial Jobless Claims Rise by 4,000

Washington, DC, May 29, 2008--Initial jobless claims for state benefits rose 4,000 last week as the number of continuing claims stayed at a level not seen in four years, the Labor Department reported Thursday.

IFDA Hosting Rugs and Flooring Trend Report

New York, NY, May 29, 2008--The International Furnishings and Design Association New York Chapter will host a Rugs and Flooring Trend Report looking at the design and market forecast for 2009 and 2010.

eRug Helps Devout Stay on Course

Toronto, Ontario, Canada, May 29, 2008--If you think religion is stuck in the Middle Ages, think again. A new electronic prayer mat for Muslims is using the digital revolution to keep followers on the straight and narrow.