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.

3M 1Q Earnings Up 17%

St. Paul, MN, April 21, 2006--3M Co., reported first-quarter earnings that were up almost 17 percent, and the maker of Post-it notes, Scotch tape and optical films for LCD screens raised its guidance for the year.

Feltex Fined $150,000 for Nondisclosure

Wellington, New Zealand, April 21, 2006--Feltex has agreed to pay out at least $150,000 after the Stock Exchange ruled the embattled carpet maker had not informed it quickly enough last year about a severe fall in profits, according to the Dominion Press.

UK’s Floors 2 Go Announces New Board Member

Birmingham, England, April 21, 2006--Floors 2 Go, the UK's largest specialist retailer of laminate and wooden flooring, has announce that Geoff Brady is joining the board as a Non Executive Director.

Canada Retail Sales Off 0.4%

Ottawa, Ontario, April 21, 2006--Canadian retail sales dropped by 0.4 percent in February, the first decline after four months of increases.

Survey: Small Businesses Still Lagging in Environm

Watertown, MA, April 20, 2006--Since the new environmental "green" thinking began sweeping through corporate culture in the 1990s, the larger, publicly-traded companies are more likely to continue devoting time and energy to adopting business practices th

Amtico Stays Local for Global Success

Coventry, England, April 20, 2006--China, India, low cost, outsource--these seem to have become the mantra of some manufacturers as they aim to survive in the global market.

Leading Indicators Slide

New York, NY, April 20, 2006--The Conference Board announced today that the U.S. leading index decreased 0.1 percent, the coincident index increased 0.2 percent and the lagging index increased 0.3 percent in March.