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.

Chain Store Sales Up Last Week

New York, NY, November 8, 2005--Chain store sales rose solidly in the latest week, helped by late Halloween sales and easing of gasoline prices, a report said on Tuesday.

Linens N Things to Be Acquired

Clifton, NJ, November 8, 2005-- Home accessories retailer Linens N Things Inc. on Tuesday said it agreed to be acquired by a company formed by Apollo Management LP in a deal worth about $1.3 billion.

Canada Housing Starts Drop 10%

Toronto, Ontario, November 8, 2005--New home construction in Canada fell 10% in October, but remained at an elevated level amid low interest rates and high employment.

Gracewood Design Intros Floorcloths

San Francisco, CA, November 8, 2005--Gracewood Design, an American floor covering & floor treatment design firm, announced the introduction of its floorcloth product line to the western United States market.

Patcraft Intros Assembly

Dalton, Georgia, November 7, 2005— Assembly, from an array of new commercial carpets from Patcraft—offers a striking visual impact not often associated with a totally solution-dyed construction.

Berkshire Hathaway 3Q Earnings Off 48%

Omaha, Nebraska, November 7, 2005--Berkshire Hathaway reported third quarter earnings that were off fell 48% to the lowest level in nearly four years, hurt by nearly $3 billion of losses from Hurricanes Katrina and Rita.