Today's Flooring News

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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.

Feltex Post 3Q Loss

Auckland, New Zealand, April 13--Feltex Carpets Ltd., New Zealand's largest carpet maker, had a third-quarter loss after increased competition reduced prices, limiting its ability to pass on higher synthetic raw material costs.

FOMC Minutes Show Inflation Concerns

Washington, DC, April 13--According to minutes from the March 22 meeting of the Federal Open Market Committee released on Tuesday, policymaking members of the U.S. Federal Reserve worried inflation pressures were mounting when they last met.

Morris Joins 828 International

Greenville, SC, April 13--828 International named Tom Morris to the newly created post of Northeast Regional Manager, effective immediately.

Retail Sales Up 0.3%

Washington, DC, April 13--Retail sales in March were up 0.3 percent, according to the Commerce Department.

Chain Store Sales Up Last Week

New York, April 12--Chain store retail sales rose in the latest week, as consumers continued to spend, despite record high gasoline prices, a retail report said on Tuesday.

WFCA Names Higgins Director of Development

Anaheim, CA, April 12--The World Floor Covering Association (WFCA) has announced some major changes and adjustments to their staff to reflect a shift in emphasis within the organization.

Report Outlines Role of Bonded Polyurethane

Arlington, VA, April 12--The Alliance for Flexible Polyurethane (AFPF) today released a report outlining the environmental benefits of commercial bonded polyurethane carpet cushion.