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.

Louisiana Retailer Gets Extreme Flooring Opportuni

New Orleans, April 1--When ABC's "Extreme Makeover: Home Edition" recently came to redo a local home, the winter weather did not catch the transformative spirit of the occasion, according to the Times-Picayune.

Feltex Shares Off as Company Trims Guidance

Auckland, New Zealand, April 1--Shares of Feltex Carpets Ltd., the biggest carpet maker in Australia and New Zealand, plunged 31 percent after the company cut its profit estimate.

Consumer Sentiment Off in March

Ann Arbor, MI, April 1--The University of Michigan said its final measure of consumer confidence fell to 92.6 in March from 94.1 in February, according to market sources who saw the subscription-only report.

Manufacturing Activity Up in Midwest

Chicago, IL, April 1--The Purchasing Management Association of Chicago said its index of area business activity rose to 69.2 in March on a seasonally adjusted basis from 62.7 in February.

Sears to Layoff 250 at its Headquarters

Hoffman Estates, IL, April 1--Sears plans a layoff of 250 workers at its headquarters in this Chicago suburb, according to a report filed with the state's Department of Commerce and Economic Opportunity.

Propex Announces Delay in Filing Annual Report

Austell, GA, April 1--Propex Fabrics Inc. announced that it will require additional time to complete the appraisal and revaluation of its assets under purchase accounting in connection with the company's acquisition on December 1, 2004.