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.

Lowe's Has Record First Quarter Earnings

Wilksboro, NC, May 19--Lowe's Companies reported net earnings of $421 million for the quarter ended May 2, a 21.7 percent increase over the same period a year ago. Diluted earnings per share increased 20.5 percent to $0.53 from $0.44 in the first quar

Flooring America Sales Jump

Manchester, NH, May 19--Flooring America has enjoyed a substantial sales increase in the past year, in spite of economic conditions that have left the rest of the flooring industry relatively flat, according to Flooring America President Evan Hackel.

Foamex's Plan of Reorganization Confirmed

Linwood, PA, February 1, 2007--Foamex International said today that the Bankruptcy Court has confirmed the company's Second Amended Joint Plan of Reorganization, setting the stage for the company's emergence from chapter 11, which is expected to o

McGraw Hill: Education the Hottest Green Building

New York, NY, January 26, 2007--McGraw-Hill Construction, part of The McGraw-Hill Companies released the latest issue of its SmartMarket Report series, detailing its findings of market research into green building in the education construction sector.

Executive Order Keys on Performance for Federal Bu

Washington, DC, January 25, 2007--President Bush released an Executive Order strengthening the Federal government's environmental and energy strategies. The Orders call for the head of each Federal agency to reduce "energy intensity" by 3 percent annu

Dubai-based Contractor Takes Stake in Tai Ping Par

Bangkok, Thailand, January 24, 2007--Depa United Group has paid 82 million baht for a 20% shareholding in Thailand Carpet Manufacturing Plc, the maker of Tai Ping and Royal Thai carpets. Tai Ping in Thailand has no association with Tai Ping Carpets Limite

Miami's Floors Today Goes to Bankruptcy Court

Miami, FL, January 23, 2007--Two years ago, a European investor group launched Floors Today from Miami with the goal of creating a nationwide retailer of hardwood and laminate flooring. Floors Today opened about 60 stores before it ran into trouble.

FloorExpo Adds New Members

Marietta, GA, January 19, 2007--Several large, regional flooring contractors have made their first move of the New Year a move to join FloorExpo.

Builder Confidence Improves Again In January

Washington, DC, January 17, 2007--Continuing on an upward trend that began in the final quarter of 2006, builder confidence rose two points in January, according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released