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.

FloorExpo Launches Multi Family Solutions

Marietta, GA, July 10--FloorExpo has announced the formation of Multi-Family Solutions, a brand which will be utilized under the FloorExpo umbrella to specifically target the multi family flooring market through a new division.

Trust Fund For Asbestos Criticized

Washington, DC, July 10--Eleven companies that are negotiating some of the largest potential asbestos-exposure payouts to victims, would pay $15 billion less under an alternative plan in Congress to create a trust fund, according to a study by some victim

Consumer Credit Rose In May

Washington, DC, July 8--Consumers increased their debt balances in May, charging more to credit cards and automobile loans, the Federal Reserve said.

Lehman Boosts Estimates For Lowe's

Charlotte, NC, July 8--Lehman Brothers Inc. said Lowe's Cos.' same-store sales have accelerated over the past several weeks, prompting the firm to boost its earnings forecasts for the second quarter, 2003 and 2004.