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.

Options are Key for West Coast Retailer

San Marcos, CA, August 7, 2006--California homeowners are finding that the latest IKEA trends may not be the best way to spend home improvement dollars and instead are opting to invest in their home's long term value, including flooring.

NAM: Pension Bill Provides Certainty for Employees

Washington, DC, August 7, 2006--The pension reform bill approved last week by the Senate includes a “mixed bag” of reforms for pension plan sponsors, according to Dorothy Coleman, vice president of tax and domestic economic policy at the National Associat

New Zealand Family Also Eyeing Feltex

Aulkland, New Zealand, August 3, 2006--Members of one of New Zealand's richest families are seeking to keep beleaguered carpet-maker Feltex in New Zealand hands.

Diversification Key at Penrod

Norfolk, VA, August 2, 2006--Inside a cluster of warehouses at Lambert's Point Docks are 17,000 crates of imported hardwood from around the world awaiting shipment to U.S. manufacturers, distributors and retailers.

Chain Store Sales Up Last Week

New York, NY, August 1, 2006--Weekly U.S. chain store sales continued to recover as sales posted a healthy 0.9-percent increase in the seven days ending Saturday.

Lay-Off Index Drops

Washington, DC, August 1, 2006--Major U.S. employers announced the fewest number of job cuts in six years during July, according to a monthly tally compiled by outplacement firm Challenger Gray & Christmas.

Sears Canada Posts Higher 2Q Earnings

Toronto, Ontario, July 27, 2006--Sears Canada in the middle of a battle between its U.S. parent Sears Holdings and minority shareholders over its buyout, posted a higher second-quarter profit on Wednesday.