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.

Shaw Announces Lineup of 2006 Winter Markets

Dalton, GA, October 6, 2005--Continuing its objective of showcasing new products and retail programs to customers through regional markets, Shaw Industries has announced its schedule of winter shows to be held in January and February of 2006.

S&P Downgrades Ratings on Mohawk

New York, NY, October 10, 2005-- Standard & Poor's Ratings Services on Friday lowered its corporate credit rating and unsecured debt ratings on Mohawk Industries Inc. to BBB- from BBB+.

UK’s Victoria Issues Earnings Warning

London, England, October 7, 2005 -- Shares in carpet maker Victoria came under pressure after it warned that that full-year profits are likely to be "significantly lower" than current market expectations, according to a report from ShareCast.

Wholesale Sales and Inventories Up

Washington, DC, October 10, 2005—Wholesale sales increased 1.3% in August, for the the fastest gain since April, according to the Commerce Department.

Jobless Claims Up 21,000

Washington, D.C., October 6, 2005--First-time claims for state unemployment benefits rose in the latest week, according to the Labor Department. Initial claims for the week ending Oct. 1 rose 21,000 to 390,000.

Despite Hurricanes, Port Congestion Low

Washington, D.C., October 6, 2005 — Despite recent hurricanes, congestion levels are low and cargo is flowing smoothly at the nation’s major retail container ports as merchants move into the peak shipping cycle for the annual holiday sales season.

World Market Center Offers Discounted Hotel Rates

Las Vegas NV, October 6, 2005 – Following the success of last July’s host hotel program during the inaugural Las Vegas Market, World Market Center officials are pleased to announce another terrific hotel roster for the January 2006 event.