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.

UK’s Carpetright Earnings Up 16.5% in First Half

Rainham, England, December 14-- Carpetright PLC, the carpet and floor coverings retailer, reported a 16.5% increase in underlying interim profit and said its UK business is well positioned to continue outperforming the market.

Survey: Hiring Set to Rise in the New Year

Milwaukee, WI, December 14--U.S. employers plan to ring in the new year with strong hiring activity, according to the seasonally adjusted results of the latest Manpower Employment Outlook Survey, conducted quarterly by Manpower Inc.

Wisconsin Lumber Company Plans Expansion

New London, WI, December 15--Wolf River Lumber Inc. is planning to build a $4.5 million facility and add 58 jobs in New London, according to the Wisconsin Department of Commerce.

Lightning Strikes Godfrey Hirst Plant

Geelong, Australia, December 13—Lightning has been blamed for a fire which forced the evacuation of 30 staff at Godfrey Hirst carpet factory on Friday night, according to the Geelong Advertiser.

Retail Sales Up 0.1% in November

Washington, DC, December 13--Retail sales in November increased 0.1%, according to the Commerce Department. Excluding automobiles, sales for the month rose solid 0.5%.

Lanxess Agrees To Credit Line

Leverkusen, Germany, December 13--Lanxess AG, a chemical company that is part of Bayer AG, said it has arranged a credit line of EUR 1.5 billion ($2B)with an international bank consortium led by Bank of America, Citibank, Commerzbank and Deutsche Bank.

Consumer Sentiment Up to 95.7 in November

Ann Arbor, MI, December 10-- The University of Michigan's preliminary sentiment index rose to 95.7 from 92.8 in November. Economists were expecting the index to rise to 93.5.

S&P Ups Lowe's Ratings

New York, NY, December 10--Standard & Poor's Ratings Services today raised its long-term ratings on Lowe's Cos. Inc. (LOW) to 'A+' from 'A'. The outlook is stable. The 'A-1' short-term ratings on the company were affirmed.