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.

Lowe's Sets Strategy for Slowing Housing Marke

Lansdowne, VA, September 27, 2006--Lowe's, which warned on its full-year results earlier this week, expects it could take as long as 12 to 18 months for the slowdown in the housing market to stabilize.

Cersaie 2006 Kicks off Today

Bologna, Italy, September 26, 2006-- Over 1,000 exhibits from 30 different countries will present the cream of world ceramic tiles for architecture and bathrooms starting September 26, in the Bologna exhibition venue.

Consumer Confidence Rises in September

New York, NY, September 26, 2006--The Conference Board Consumer Confidence Index, which decreased sharply in August, posted a gain in September. The Index now stands at 104.5 (1985=100), up from 100.2 in August.

Receiver Arrives to Initiate Feltex Sale

Wellington, New Zealand, September 25, 2006--The receiver for the carpetmaker Feltex is now in New Zealand to begin the process of finding a buyer, according to Radio New Zealand.

BASF to increase Latex Prices

Charlotte, NC, September 21, 2006--BASF announced today that it has, effective September 18, 2006, or as contracts allow, raised prices by four cents per dry pound in the U.S. and Canada on all Styrofan carboxylated styrene-butadiene emulsion polymer prod

Leading Indicators Slide 0.2%

New York, NY, September 21, 2006--The Conference Board announced today that the U.S. leading index decreased 0.2 percent, the coincident index increased 0.1 percent and the lagging index increased 0.3 percent in August.

Lowe's Updates Canadian Expansion Plans

Toronto, Ontario, September 21, 2006--Lowe's said today the company is on track in regard to its expansion into Canada, with the opening of its first stores in the Greater Toronto Area planned for the second half of 2007.