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.

Ross Pushes Cooperative Trade Efforts

High Point, NC, Dec. 5--Billionaire financier Wilbur Ross addressed a meeting of North Carolina manufacturers Thursday, according to the High Point Enterprise.

Unemployment Rate Drops

Washington, DC, Dec. 5--The unemployment rate dropped to an eight-month low in November even as employers slowed the pace of hiring.

Dalton, GA, Dec. 5--Werner Braun, president of The Carpet and Rug Institute (CRI), announced today that Ken McIntosh has been named Senior Director for Technical Services for the national trade association.

Solutia Says Alabama Residents Aren't Owed Mor

St. Louis, MO, Dec. 5--Alabama residents who settled with Solutia Inc. and the old Monsanto Co. in 2001 over polychlorinated biphenyl, or PCB, claims aren't owed any more money for several reasons, the companies claim.

Advanced Adhesives Names VP of Sales

Dalton, GA, Dec. 5--Advanced Adhesives Technologies has named Wade R. Verble their new Vice President of Sales.

Analysts Predict Great Year For Online Shopping

Baltimore, MD, Dec. 5--Internet shopping--a fast-growing phenomenon but still a sliver of total retailing--may be seeing a breakthrough this holiday shopping season.

Leading Retailers Report Mixed Sales

New York, NY, Dec. 5--Hopes for a robust holiday shopping season faded Thursday after the nation's retailers reported mixed results for the Thanksgiving weekend and all of November.

Monsanto: Solutia Remains Obligated Under Distribu

St. Louis, Dec 04--Solutia Inc. has notified Pharmacia Corporation and Monsanto Company that it will not be making approximately $3 million of payments in connection with settlements entered into earlier this year relating to asbestos litigation in Texas.

Wal-Mart's Same Store Sales Up

Bentonville, AR, Dec. 4--Wal-Mart Stores' November same store sales rose 3.9%, even with Wall Street's estimate, but comparable sales growth at both the Wal-Mart and Sam's divisions wasn't as strong as expected.

Home Depot Expands Bath Styles, Price Ranges

Atlanta, GA, Dec. 4--Home Depot thinks that Americans are ready to spend more on their bathrooms, so the retailer is packing its store aisles with $1,000 whirlpools and higher-priced sinks.