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.

Bud Jennings Carpet One Sells to Weber

Lawrence, KS, January 3, 2007--A family-owned floor coverings business is in new hands this year, freeing its biggest booster to take his knowledge and experience nationwide

Durable Goods Up 1.9% in November

Washington, DC, December 22, 2006--Orders for durable goods increased in November even as demand for business equipment waned for a second month.

Personal Income and Spending Up

Washington, DC, December 22, 2006--Personal spending rose in November at the fastest pace in four months as incomes increased and retailers offered discounts to lure holiday shoppers.

StarNet Names New President and CEO

Ridgefield, CT, December 18, 2006--The board of directors of StarNet Commercial Flooring Cooperative, the largest member-owned cooperative of independent, commercial floor covering contractors in North America, has appointed Jeanne Matson as its new presi

Consumer Prices Flat in November

Washingon, DC, December 15, 2006--Consumer prices were unchanged in November, as lower energy and car prices offset increases in costs for homeownership and medical care, the Labor Department reported Friday.

Lowe's Names Stone President and COO

Mooresville, NC, December 15, 2006--Lowe's has named Larry D. Stone to the post of president and chief operating officer, effective immediately. Stone will continue to report to Chairman and CEO Robert A. Niblock, who served as president since 2003.

Mohawk Expands Florida Distribution Center

Pembroke, FL, December 12, 2006--Mohawk signed a new long-term lease with KTR Capital Partners of New York for a 260,000 square-foot, build-to-suit distribution facility, expanding its already significant presence in the Seneca Industrial Park.

Consumer Sentiment Dips

Ann Arbor, MI, December 8, 2006--Consumer sentiment eroded slightly in December, according to researchers at the University of Michigan on Friday.

Foamex Names Markert Interim CFO

Linwood, PA, December 6, 2006--Foamex International has named Stephen E. Markert, Jr. interim chief financial officer, effective immediately.