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.

California Retailer Expands

Oroville, CA, February 24--When Chico residents Bryan and Ray Hobbs began looking for satellite locations for their successfully expanding floor coverings business Floors by Ray, the natural choice they found for a location was the city of gold.

Toll Brothers 1Q Earnings Up 120%

Horsham, PA, February 23—-Luxury homebuilder Toll Brothers reported quarterly earnings that were up 120 percent, boosted by continued demand for high-end homes.

New Zealand’s Feltex Earnings Up, Revenue Off

Wellington, New Zealand, February 23--Carpet maker Feltex Carpets Ltd. reported a 7.1% rise in net profit for the first half of its fiscal year despite a fall in revenue, and said the lift came as it shifted its product mix toward higher margin carpets.

Update on Events At Forbo

Eglisau, Switzerland, February 23--The purchase of a 25% stake in Swiss flooring group Forbo by a former executive appears to be part of a mutiny that will likely scuttle takeover talks sparked by private equity interest, according to The Deal.com.

Partners Launch Retail Business in Iowa

Sioux City, IA, February 23--After 14 years of running a Siouxland race track, Evan Schoenfish shifted into a new line of work, according to the Sioux City Journal.

Chain Store Sales Off Last Week

New York, NY, February 23--Chain store retail sales fell 0.1 percent in the week ended February 19, compared with a 0.1 percent increase the previous week, according to a joint report from the International Council of Shopping Centers and UBS.

Mirage Enters Texas Market with Hoboken Floors

Saint-Georges, Quebec, February 22--Mirage, a leader in prefinished hardwood flooring, today announced that Hoboken Floors will distribute the full Mirage product line from a new distribution facility scheduled to open in Dallas, Texas during the first qu

JNK Intros Containment Mat for Garage Use

Grand Junction, CO, February 23--JNK Products, LLC, an online retailer of garage flooring products, announced today the release of its new Heavy Duty Special Edition Park Smart Clean Park Containment Mat.

Governor Tours New Kronotex Facility

Barnwell, SC, February 23—-Norm Voss, president of laminate producer Kronotex USA, recently took South Carolina Governor Mark Sanford on a tour of the company's new 360,000-square-foot building.

Alabama Retailer Focuses on Service

Madison, AL, February 23--Kim Hammonds, owner of Flooring Designs of Madison, said customer service is what sets her business apart from other flooring businesses, including large warehouse stores.