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.

Martha Likely Won't Take the Stand

New York, NY, Feb. 23--Lawyers for Martha Stewart and her former Merrill Lynch & Co. broker are strongly leaning toward not putting their clients on the witness stand.

Bhadohi is India's Carpet Center

Lucknow, India, Feb. 20--When it comes to exclusive hand-knotted woollen carpets, 'Made in Bhadohi' is the final word in quality carpets the world over.

Martha Trial Update

New York, NY, Feb. 20--Just days after selling her ImClone Systems Inc. stock, Martha Stewart said she knew that ImClone Chief Executive Sam Waksal had been trying to dump his shares in the company, a close friend of Stewart testified.

Avery Sports Turf Sees Possible Growth in Marketsh

Minneapolis, MN, Feb. 20--Avery Sports Turf, Inc., an artificial turf manufacturer, today announced that Avery does not anticipate any adverse effects from the recent announced bankruptcy filing of SRI Sports.

DuPont May Use Invista Money to Fund Deals

Boca Raton, FL, Feb. 19--DuPont Co. may use some of the $4.4 billion of proceeds from the sale of its Invista fibers unit for small acquisitions, DuPont's chief executive said on Thursday.

Kmart Customer Satisfaction Scores Low

Ann Arbor, MI, Feb. 19--When it comes to customer satisfaction, Kmart Holding Corp. still sits at the bottom of the barrel among department and discount stores.

Dixie Group to Go Upmarket in 2004

Chattanooga, TN, Feb. 18--Dan Frierson, chairman and CEO of The Dixie Group, said Tuesday that the Chattanooga-based carpet maker is starting a new era.

Wal-Mart's Profit Rises

Bentonville, AR, Feb. 19--Wal-Mart Stores’ fiscal fourth-quarter profit rose 8.5% amid steady sales growth.

Leading Indicators Rise in January

New York, Feb 19--A key economic forecasting gauge advanced a strong 0.5 percent in January, suggesting that the economy will expand further in coming months.

Interface Reports Loss

Atlanta, Ga, Feb. 18--Interface, Inc. today announced results for the fourth quarter and fiscal year ended December 28, 2003.