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.

WestPoint Files for Bankruptcy Protection

West Point, GA, June 2--WestPoint Stevens Inc. filed for protection from its creditors in federal bankruptcy court, joining the raft of textile makers forced to restructure because of overseas competition and excessive debt.

DuPont Boosts Bid For DuPont Canada

Wilmington, DE, June 2-—E.I. DuPont de Nemours & Co. has increased its offer for the rest of DuPont Canada Inc. to C$21.75 a share from C$ 21.00.

Sweden Opens Consulate in Raleigh

Raleigh, NC, June 2--Sweden's new Raleigh, North Carolina based consulate will offer traditional consular services as well as promote economic cooperation, trade and investments and cultural exchange programs between the Carolinas and Sweden.

Lowe’s Takes the High Road

Charlotte, N.C. - May 30 - At Lowe’s annual shareholders meeting, company president Robert Niblock made it clear that the nation’s second largest home channel retailer does not mind pushing higher priced items in order to maintain a higher image in the mi

Construction Spending Dips 0.3 Percent

Washington, D.C., June 2--Spending on construction projects around the country slowed in April to the lowest level in four months as builders coped with the lackluster economic recovery.

Scotty's To Close Two More Florida Stores

Lakeland, FL, May 30--Scotty's Inc. will close two more stores Saturday, including its North Lakeland outlet, to redevelop the properties for other retail businesses, the company announced Wednesday, according to the Lakeland Ledger.

Oriental Weavers Names Marketing VP

DALTON, GA, May 30--Barry Kelley has joined Oriental Weavers of America as vice president of marketing, merchandising and creative services, a newly created position.

Home Depot To Hold Annual Meeting In Chicago

Atlanta, GA, May 30--Home Depot will hold its annual meeting in Chicago, the first time in its history the gathering will take place outside metro Atlanta, according to the Atlanta Journal-Constitution.