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.

2004 Bankruptcy Filings Down

Alexandria, VA, December 6--The total number of bankruptcies filed in federal courts declined 2.6 percent in the 12-month period ending September 30, 2004, according to data released today by the Administrative Office of the U.S. Courts.

Survey: Most CEOs Say Flexibility and Adapting to

New York, NY December 6--Most CEOs say flexibility and adaptability to change are the major keys to staying competitive, according to a study released today by The Conference Board and sponsored by Heidrick and Struggles and PeopleSoft.

Lanxess Plans its Launch

Leverkusen, Germany, December 6-- Bayer is to spin off its chemicals and plastics activities in early 2005 under the name Lanxess. It will start with 67% of its activities in profit and an inherited debt of EUR 1.5 bn.

Howard Tibbals’ World's Smallest Circus Finds

Sarasota, FL, December 6--The "Greatest Show on Earth" in Howard Tibbals' world is also the smallest, with its diminutive circus acts, tiny spectators and a "big" top that measures just about 4 feet tall, according to the Lakeland, Florida Ledger.

Wal-Mart Launches Ad Blitz

Bentonville, AR , December 3--Wal-Mart, stung by a lackluster start to the holiday shopping season, said Thursday it is launching a new advertising campaign to remind its customers of its low prices.

Employers Add 112,000 Jobs in October, Unemploymen

Washington, DC. December 3--Employers added 112,000 workers in November, less than the 200,000 that economists has expected, but the jobless rate dropped to 5.4 percent from 5.5 percent, according to the Labor Department.

Three Former Kmart Executives Charged with Fraud

Washington, DC, December 3--Three former Kmart executives and representatives of several major vendors were charged on Thursday with fraudulently accounting for $24 million of profit before the retailer filed for bankruptcy in 2002.

CRI Working In a Collaboration with NASA

Atlanta, GA, December 2-- After years of working together to enhance a hand held chemical analyzer, NASA and KeyMaster Technologies have created a device that can both function as a quality control tool for parts destined for the Space Shuttle and help le

Wools of New Zealand to Tout Greenness of Wool at

Atlanta, GA, December 2--As the largest dedicated space in the Sands Expo Center, the Wools of New Zealand area makes a tremendous fashion statement with 38 Brand partners exhibiting the industry’s most innovative carpets and rugs utilizing the latest woo