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.

RD Weis Continues to Expand

Port Chester, NY--Randall Weis, President of RD Weis Companies, announced his company's acquisition, through its affiliate Bay Edge Associates, of the assets of SPECTRA Contract Flooring's Union, NJ, and New York, NY, locations

Congoleum Announces Financing Extension, Plan Subm

Mercerville, NJ, December 22, 2005--Congoleum Corp., made several announcements regarding its financing arrangements, developments with respect to its plan of reorganization, and the appointment of two new directors.

Strong Housing Market Seen 'Simmering Down'

December 22, 2005 - Following strong growth over the past three years, home sales and housing production will ease back next year to around 2004’s historically healthy levels, according to economists participating in a teleconference hosted by the Nationa

Consumer Income and Spending Up

Washington, DC, December 22, 2005--Consumer spending was up 0.3% in November, matching a 0.3% gain in incomes, the Commerce Department said Thursday.

Leading Indicators Up 0.5%

New York, NY, December 22, 2005--The Conference Board announced today that the U.S. leading index increased 0.5 percent, the coincident index increased 0.2 percent, and the lagging index increased 0.6 percent in November.

ASCR Announces Keynote Speaker for Convention

Millersville, MD, December 22, 2005--The Association of Specialists in Cleaning and Restoration (ASCR) has announced that customer service expert, Chip Bell, will be the keynote speaker for the 61st Annual Convention and Exhibition in Savannah.

Bed Bath & Beyond 3Q Earnings Up

Union, NJ, December 22, 2005--Bed Bath & Beyond reported third quarter earnings that rose 10.4 percent to $134.6 million, or $0.45 per share, compared with $121.9 million, or $0.40, a year earlier.

Federated Announces New Division Management

Cincinnati, OH, December 22, 2005--Federated Department Stores announced a series of new division senior management appointments, effective Feb. 1, 2006, as the company integrates its Macy's divisions.

Original Carpetland Store Comes Down

Munster, IN, December 22, 2005--Demolition began Wednesday on the original home and headquarters of Carpetland USA, according to the Northwest Indiana Times.