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.

Home Depot Faces Key Year

Atlanta, GA, Jan. 6--Home Depot hammered out a stellar 2003, with its stock price soaring, earnings showing healthy growth and new store openings continuing apace, according to the Atlanta Journal-Constitution.

Wolk Named To WFCA Hall of Fame

Anaheim, CA, Jan. 5--Herb Wolk, CFE, a prominent New York floorcovering retailer, has been voted into the World Floor Covering Association (WFCA) Industry Hall of Fame.

Construction Spending Up

Washington, DC, Jan. 5--Construction spending boomed more than expected in November to a fresh record high, a government report showed on Monday as persistently low mortgage interest rates spurred an unprecedented rate of building.

Cloud Carpets Acquires Carpet Barn

Las Vegas, NV, Jan. 4--For customers of the Carpet Barn, the New Year became a little happier Friday. Another carpet company announced it's taking over the Carpet Barn's operations, according to KLASTV Las Vegas.

Home Depot May Acquire UK Chain

London, England, Jan. 5--Shares in British home improvements retailer Kingfisher Plc surged over five percent on Monday after a weekend press report rekindled talk that Home Depot is considering a takeover.

Laufen To Relocate Eastern U.S. Distribution Cente

Suffolk, VA, Jan 2--Laufen Ceramic Tile announced it will move into Commonwealth Storage Buildings in Suffolk, the new center for importing, warehousing, and distributing their ceramic tile products in the eastern United States.

Survey: Hiring To Pick Up in 2004

New York, Jan 2--The jobless recovery may need a new nickname in 2004. That's because rising corporate profits and steady economic growth are expected to prompt companies to hire workers more aggressively in the months ahead.