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.

Federated to Invest in Online Sales

Cincinnati, OH, January 26, 2006--Federated Department Stores announced it plans to invest some $130 million over the next two years in infrastructure improvements and service enhancements to support continued growth of its direct-to-consumer businesses.

Sherwin-Williams 4Q Earnings Off

Cleveland, OH, January 26--Sherwin-Williams in the fourth quarter reported earnings that were off to $75.1 million or $0.54 a share, compared with $82.5 million, or $0.57 a share in the year-ago period.

Dow Chemical 4Q Earnings Rise

Midland, MI, January 26, 2006--Dow Chemical reported earnings for the the fourth quarter that rose on strong pricing across its performance chemicals and plastics businesses.

Durable Goods Orders Up 1.3%

Washington, DC, January 26, 2006—Orders for durable goods rose 1.3% in December, despite a large decline in aircraft orders, according to the Commerce Department.

Weekly Jobless Claims Rise 11,000

Washington, DC, January 26, 2006--First-time claims unemployment benefits rose 11,000 to a seasonally adjusted 283,000 in the week ended Jan. 21, the Labor Department said Thursday.