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 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.

Productivity Growth Slows

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

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.

Astro Dye to Close in January

Calhoun, GA, August 8--Astro Dye Works, a yarn-dyeing operation, will close its doors permanently in January 2006. The closing will cut 65 jobs.

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.

AIA Awards Latrobe Fellowships

Washington, D.C., August 8--The American Institute of Architects (AIA) College of Fellows has awarded its 2005 Latrobe Fellowship of $100,000 to Chong Partners Architecture, Kaiser Permanente, and U-C at Berkeley for a research study on multi-cultural In

Hovnanian Buys Florida Homebuilder

Red Bank, NJ, August 8—-Home builder Hovnanian said it has acquired the assets of First Home Builders of Florida for an undisclosed amount of cash.