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.

BASF Increasing Styrene Butadiene Latex Prices for

Charlotte, NC, August 9--Effective September 1, 2005, or as contracts allow, BASF will raise prices in the United States and Canada on all Styrofan carboxylated styrene-butadiene emulsion polymers supplied to the carpet industry by four cents per dry pou

Productivity Growth Slows

Washington, DC, August 9--Productivity in the second quarter rose at a 2.2% annual rate, according to the Labor Department.

Chain Store Sales Off Last Week

New York, NY, August 9--Chain store retail sales fell 0.8 percent in the week ended Aug. 6, compared with a 0.9 percent increase the previous week, the International Council of Shopping Centers and UBS said in a joint report.

May Department Stores 2Q Earnings Drop

St. Louis, MO, August 9--May Department Stores reported second quarter earnings that fell by nearly half from the year before, hurt by expenses from its planned merger with Federated Department Stores.

FieldTurf in Final Stages of Discussion with Tarke

Montreal, Quebec, August 8--Talks are in the final stages between FieldTurf and Tarkett regarding the major integration of two leaders in the sports surfacing industry. Tarkett will be increasing its stake in FieldTurf.

Fire Destroys Spokane Carpet Business

Spokane, WA, August 8--A fire destroyed Warehouse Carpets in Spokane over the weekend. The two alarm fire broke out at about 1:00 a.m. Saturday morning, on East Trent.

New Zealand’s Cavalier on Target with Forecast

Wellington, New Zealand, August 8--Carpetmaker Cavalier says full-year earnings will meet forecasts but warns of a major writedown of its Microbial Technologies business, according to the New Zealand Herald.