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.

IEA: Global Oil Demand Set to Rise 2.2% in 2005

Paris, France, May 11--Global oil demand this year is set to be slightly higher than previously expected, as the market readjusts from last year's demand surge, the International Energy Agency (IEA) revealed.

ServiceMaster 1Q Earnings Off

Downers Grove, IL, May 10--ServiceMaster Co. posted a slightly lower first-quarter profit partly due to unfavorable March weather.

Optimistic AmericasMart Exhibitors Renew Leases

Atlanta, GA, May 10--Liberty Oriental Rugs, Atlas Rug Corporation, Banilivi & Nabavian, Inc., French Accents Rugs & Tapestries and Vantage Industries have extended their commitment to the Area Rug Center with long term lease agreements.

Shaw Intros Second Collection of ClearTouch Styles

Dalton, GA, May 10--In the wake of the company’s successful launch of its ClearTouch PET styles, Shaw is introducing a variety of new products that expands the range of construction options for the innovative fiber system.

Chain Store Sales Up 0.7% Last Week

New York, NY, May 10-—Chain store sales were up 0.7% in the week ended May 7 compared with the week before, on a seasonally adjusted, comparable-store basis.