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.

CCA Global Creates the Mid-size Box Store

St. Louis, MO, August 25, 2006--With residential home remodeling expenditures reaching an all time high of $215 billion in 2005, CCA Global Partners announced the launch of The Floor Trader, a kind of super store that stocks 3000 types of flooring.

Wholesale Inventories Rise in June

Washington, DC, August 9, 2006—Wholesale inventories rose 0.8% in June as petroleum and apparel fueled a 1.4% increase in sales, the Commerce Department said Wednesday.

Target’s 3Q Earnings Up 78%

Minneapolis, MN, November 12--Target Corp. reported a 78 percent jump in third quarter earnings on Thursday on strong revenue growth and the sale of its Mervyn's chain.

Fed Raises Rates to 2%

Washington, DC, November 11 -- The Federal Reserve raised interest rates for the fourth time this year, and left the door open to continue raising rates in coming months.

D.R. Horton 4Q Earnings Up 52%

Arlington, TX, November 10-- Homebuilder D.R. Horton Inc. said Wednesday that fourth-quarter net income surged 52 percent on improved results in all its markets.

Payrolls Jump 337,000 in October

Washington, DC, November 5--Payrolls grew by a robust 337,000 in October, more than twice the increase recorded in September, according to the Labor Department.