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.

Termination Fees at Armstrong: $55.6M

Termination Fees at Armstrong: $55.6M

Lancaster, PA, April 3, 2007--No matter what happens to Armstrong World Industries, no matter who ends up buying the company, its top executives have a safety net.

Bassett Posts 1Q Loss

Bassett Posts 1Q Loss

Bassett, VA, April 3, 2007--Bassett Furniture in the first quarter reported a net loss of $4.2 million or $0.35 per share as compared to net income of $2.2 million or $0.18 per share in the first quarter of 2006.

2007 Market Improves for Graduates

2007 Market Improves for Graduates

Maynard, MA, April 3, 2007--Continuing the strong hiring demand seen for last year's graduates, the class of 2007 will soon enter an even healthier labor market, according to MonsterTrak.

Five Charged in $4M Rug Scheme

Five Charged in $4M Rug Scheme

Boston, MA, April 3, 2007--Five men have been charged with stealing more than $4 million from Building 19 stores, using a scheme that involved sending incomplete rug orders.

Johnsonite Intros Modular Rubber Tile

Johnsonite Intros Modular Rubber Tile

Chagrin Falls, OH, April 3, 2007--Johnsonite has introduces Circulinity a collection of textured rubber tile patterns that can be used together in creating a limitless number of unique interior environments.

Court OKs Armstrong Holdings, AWI Settlement

Court OKs Armstrong Holdings, AWI Settlement

Lancaster, PA, April 3, 2007--Armstrong Holdings, Inc. said that the Bankruptcy Court has approved the Company's settlement with its former subsidiary, Armstrong World Industries, Inc.