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.

America's Wealthiest Households Changing Spend

Pinecrest, FL, May 2--They earn an average of $360,000 a year, their net worth averages nearly $3 million, and they control 70% of the private wealth in the country.

Tandus Reports Fourth Quarter Results

Dalton, GA, Apr. 30--Tandus Group, Inc., which includes Collins & Aikman Floorcoverings, Inc. and Subsidiaries, reports financial results for the fourth quarter and year ended January 31, 2004.

CARE Releases Second Annual Report

Pensacola, FL, Apr. 30--The Carpet America Recovery Effort (CARE) Second Annual Conference concluded today following two days of lively discussion in an open forum.

CCA Global Partners Names Chief Product Officer

Manchester, NH, May 3--CCA Global Partners has appointed of Jim Gould, a 35-year veteran in the retail industry, to the role of Chief Product Officer.

Koch Acquisition of Invista Finalized

Wichita, KS & Wilmington, DE, Apr. 30--DuPont and subsidiaries of Koch Industries, Inc. have finalized the sale of Invista, formerly DuPont Textiles & Interiors, for $4.2 billion.

Warren Buffett Living Humbly in Nebraska

Omaha, NE, Apr. 30--The world's second richest man lives humbly in the Midwest city where he grew up, driving his own car, paying $12 for a haircut and stopping by his local drug store for newspapers.

Scottish Carpet Maker Stoddard’s Losses Double

Glasgow, Scotland, Apr. 30--Embattled Scottish carpet manufacturer Stoddard International yesterday announced that its underlying annual losses had doubled from £3.1m to £6.2m--as it filed its 2003 results on the last day it could have to comply with stoc