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.

Kmart Adds To Executive Team

Troy, MI, Sept. 2--Kmart Holding Corp. named Bruce Johnson, Janet Kelly and Lisa Schultz senior vice presidents.

ASCR Announces Slate Of New Environmental Courses

Millersville, MD, Sept. 3--The Association of Specialists in Cleaning and Restoration has announced a new slate of environmental courses that it will be offering. The courses fall into four areas: mold, hazardous waste operations and emergency response (H

Home Depot Looking At Europe, Asia

Atlanta, GA, Sept. 2--As Home Depot expands in Mexico and Canada, it's keeping an eye on Europe and Asia for future international opportunities, according to the Atlanta Journal-Constitution.

Carpets International To Cut 140 Jobs

Kidderminster, UK, Sept. 2--A leading UK textile company has announced it is to lay off 140 people at its two Northern Ireland factories, according to 4NI.

Business Good For Lumber Liquidators

Colonial Heights, MA, Sept. 2--Tom Sullivan is building business the hardwood way. The Boston native owns Lumber Liquidators, a hardwood flooring company based in Colonial Heights, according to the Progress-Index.

Karastan Signs AmericasMart Lease Extension

Atlanta, GA, Sept. 2--Karastan has extended its AmericasMart Area Rug Center presence with a long-term lease agreement.

Gulistan Gets New Financing

Aberdeen, NC, Aug. 28--Gulistan Carpet, Inc. announced today that Hampton Capital Partners, LLC made an equity investment in the company and provided mezzanine financing to support ongoing operations.

Universal Display Completes $16.1 Million Register

Ewing, NJ, Aug. 29--Universal Display Corporation announced today that it has completed a $16.1 million registered direct offering of 2,012,500 shares of its common stock to certain institutional investors.

Wool Prices Rebound

Auckland, NZ, Aug. 29--Prices for both fine and medium wools have rebounded in recent weeks, which should be a good sign so early in the season.

Court Approves Burlington's Reorganization Dis

Greensboro, NC, Aug. 28--The Bankruptcy Court has approved the company's disclosure statement setting forth the terms of its Plan of Reorganization and other information relating to its proposed emergence from Chapter 11 as well as proposed procedures