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.

Deal Saving Stoddard to be Announced

Kilmarnock, Scotland, February 18--A deal that would rescue stricken Stoddard International, Scotland's oldest carpet maker, is expected to be announced today, according to The Glasgow, Scotland Herald.

Consumer Sentiment Off

Ann Arbor, MI, February 18--The University of Michigan said today its preliminary index of consumer sentiment decreased to 94.2 from 95.5 in January.

Brooklyn Firm Receives State Funds

Brooklyn, NY, February 18--IceStone, LLC, the Brooklyn manufacturer of recycled-glass based durable surface material used for countertops and flooring, has been awarded $200,000 in research and development funding from New York State's Environmental I

Producer Prices Up, Core Index Up More

Washington, DC, February 18—The producer price index for finished goods rose 0.3% in January after declining 0.3% in December, according to a report from the Labor Department.

Target’s Earnings Up 11% in 4Q

Minneapolis, MN, February 17,--Target Corp. in the fourth quarter posted earnings that were up 11 percent to $825 million, or $0.91 per share, from $823 million, or $0.90 a share in the prior year.

Leading Indicators Slide in January

New York, February 17--The Conference Board announced today that the U.S. leading index decreased 0.3 percent, the coincident index remained unchanged and the lagging index increased 0.3 percent in January.