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.

Homanit Likely to Abandon Polish Expansion

Herzberg, Germany, August 23--German wood fibre board manufacturer Homanit is likely to abandon its plans to invest EUR80m in the Polish city of Karlino because it is having trouble obtaining raw materials.

Pier 1 Warns of Larger 2Q Loss

Fort Worth, TX, August 23--Pier 1 Imports has cut is second quarter outlook and said it expects a larger than expected loss during the quarter.

Chain Store Sales Fall For Third Straight Week

New York, NY, August 23--Chain store retail sales fell for the third consecutive week, as retailers felt the effects of consumers cutting back on spending due to record high gasoline prices, a retail report said on Tuesday.

Forbo Reports First Half 2005 Results

Eglisau, Switzerland, August 23--In the first half-year 2005, Forbo achieved net sales of CHF 829.4 million, (US$652.9 million) compared to the previous year's CHF 827.0 million (US$651.3 million).

Albuquerque to Host NAHB’s 2006 National Green Bui

Washington, DC, August 22--Home builders eager to expand into one of the fastest-growing segments of the new-homes market will gather in Albuquerque, N.M., to network and learn at the 2006 National Green Building Conference, March 12-14.

Remodeling Market Remains Strong in 2Q

Washington, DC, August 23--Remodeling activity continued to grow in the second quarter of 2005, according to the National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI).

Tricycle a Finalist in UK's Green Apple Awards

Leeds, United Kingdom, August 23--Sustainable design company Tricycle, Inc. has been chosen as a finalist in the Green Apple awards, an international campaign to recognize best environmental practices by companies, communities and countries.