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.

Durable Goods Orders Off 2.8%

Washington, DC, April 27--Orders for durable goods in March were off 2.8% in March, the largest drop since September 2002, according to the Commerce Department.

Sears Cuts Headquarters Jobs

Hoffman Estates, IL, April 27--Sears has started a major wave of layoffs at its in the wake of last month's merger with Kmart Holding Corp.

Home Depot Leases Warehouse Space in Chicago Area

Atlanta, GA, April 27--Home Depot signed a lease for a new 800,000 square foot distribution center in Bolingbrook, Illinois, according to a report in the Chicago Tribune. The company will now have 3 million square feet of warehouse space under lease in th

US Xpress Reports 1Q Loss

Chattanooga, TN, April 26--U.S. Xpress Enterprises Inc. reported a loss in the first quarter, due largely to a seasonal downturn in demand for freight transport.

Lanxess Reduces Losses in 2004

Frankfurt, Germany, April 26--Chemical company Lanxess AG announced that it narrowed its net loss last year and said it was preparing a restructuring drive.

Woolrich Debuts Rugs with Sphinx by Oriental Weave

Woolrich, PA, April 26-—Woolrich, Inc., well known for its apparel and other products for outdoor enthusiasts since 1830, is partnering with Sphinx by Oriental Weavers to produce the Woolrich Summerstone Falls collection of area rugs.