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.

UK Carpet Company Issues Profit Warning

Kidderminster, England, September 7--Eight years of continuous growth by Kidderminster carpet maker Victoria has come to a halt with a warning that results for the full-year to March 2005 will show a significant shortfall, according to ICBirmington.co.uk.

Retailers' August Sales Weaker Than Expected

New York, September 3--The back-to-school shopping season got off to a sluggish start, as midprice department stores, discounters and specialty-apparel retailers rung up disappointing sales in August.

Reno High Schoolers Offered Construction Trade Cla

Reno, NV, August, August 20--High school students interested in learning about construction trades may register for fall classes at Western Nevada Community College and earn college and high school credits, according to the Reno Gazette-Journal.

New Home Sales Off 6.4% in July

Washington, August 25--The pace of new home sales tumbled for the second straight month in July, dropping by a larger-than-anticipated 6.4% -- the first signs of a slowdown that economists have predicted for the last two years.

Chain Store Sales Up 0.1% Last Week

New York, August 24--Chain store sales rose in the latest week, but business continued to fluctuate from the effects of Hurricane Charley and high gasoline prices, a report said on Tuesday.

Oil Hits New Record

New York, August 18--Crude prices jumped above their previous record high of $46.95 a barrel on Wednesday over lingering concerns in supply from Iraq and Russia.

J.C. Penney Posts 2Q Profit

Plano, TX, August 17-- J.C. Penney posted a second-quarter operating profit, reversing a year-earlier loss, helped by inventory controls and strong department store sales.

Trade Gap Widens in June

Washington, August 13--The trade gap widened more than expected in June to a record $55.82 billion, according to the Commerce Department.

One More Carpet One in Australia

Wodonga, Australia, August 12—Carpet One is expanding its presence in Australia as Brett St John and his wife Michelle have opened a Carpet One in Southside Terrace in Wodonga.