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.

March New Home Sales Higher Than Forecast

March New Home Sales Higher Than Forecast

Washington, DC, April 24, 2012 -- Sales of new single-family homes in March were higher than forecast although they fell to their lowest level in four months, according to Commerce Department figures.

Home Prices Continue To Fall in February

Home Prices Continue To Fall in February

New York, NY, April 24, 2012 -- U.S. home prices fell sharply in February to hit the worst level in nearly a decade, according to the S&P/Case-Shiller 20-city composite index.

UK's Allied Carpets Sold to Floors-2-Go

London, England, April 24, 2012 -- What's left of Allied Carpets has been sold to Floors-2-Go after the firm fell into administration for the third time in three years.

Carpetright Issues Seventh Profit Warning

Carpetright Issues Seventh Profit Warning

London, England, April 24, 2012 -- Carpetright, Britain's biggest floor covering retailer, has issued its seventh profit warning in just over a year despite improved domestic flooring sales.

Tesoro Acquires Commercial Flooring Firm

New Canaan, CT, April 24, 2012 -- Tesoro Enterprises said it has reached agreement to acquire the operations of a regional commercial sales and installation flooring company and absorb it into its subsidiary Fashion Floor Covering & Tile.