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 Sued Over Ad Slogan

Atlanta, GA, Oct. 29--Sunshine Ace Hardware, an old-time hardware chain in southwest Florida that has seen Home Depot open several stores in its back yard, isn't backing away from its fight with Big Orange.

Group Wants Pillowtex Plant

Kannapolis, NC, Oct 27--An investment group led by a Rowan County businessman plans to buy the vacant Pillowtex Plant 4 on South Main Street and may buy the company's shuttered Rockwell plant.

Customer Loyalty Study Pinpoints Service

Indianapolis, IN, Oct. 28--A national customer loyalty study by Indianapolis-based Walker Information has found that while 90 percent of consumers say they are satisfied with their retail store, fewer than half are truly loyal to that store.

Congoleum Finalizes Chap. 11 Plan

Mercerville, NJ, Oct. 27-Congoleum Corp. today announced that it has finalized documents relating to its pre-packaged Chapter 11 plan of reorganization.

Pergo Reports on First Nine Months

Trelleborg, Sweden, Oct. 27--In the first nine months of 2003, Pergo reported net sales of 2.07 billion Swedish Kronas (US $266.9 million), a decline of 4%, excluding currency effects, compared with the preceding year.

Freddie Mac Under Fire

Washington, D.C., Oct. 27--Recent accounting and management issues at Freddie Mac have triggered an opportunistic onslaught against the housing government sponsored enterprises (GSEs) that not only ignores the will of the people and the intent of decades

Copies fuel slump in Persian carpets

Tehran, Iran, Oct. 27--Iran's painstakingly woven carpets are surrendering their global marketshare to foreign copies from the likes of India and China, a trend fomenting discontent among Tehran's politically powerful market traders, according to