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.

Consumers Poised to Spend 50% More Online

New York, NY, May 5, 2006--U.S. consumers have become so comfortable shopping online that they will increase their spending at online retail shops from $877 per consumer in 2005 to $1,512 per consumer by 2009.

Big Retailers See Strong April Sales

New York, NY, May 4, 2006--Retailers posted strong gains in April, as a late Easter and apparel-shopping surge outweighed concerns over gasoline prices and rising interest rates.

NAM Praises President On Estate Tax

Washington, DC, May 4, 2006--The National Association of Manufacturers (NAM) applauded President Bush’s call for Congress to permanently repeal the estate tax in his remarks to the American Council of Engineering Companies today.

CARE Conference Offsets Pollution Caused by Event

Pine Mountain, GA, May 1, 2006--Leonardo Academy announced today that the Carpet America Recovery Effort (CARE) Conference in Callaway Gardens, Georgia has gained Cleaner and Greener certification, meaning all pollution caused by energy use at the event h

Champion Polymer Recycling, Greitzer Get CARE Awar

Pine Mountain, GA - May 05, 2006--Champion Polymer Recycling, a division of Infiltrator Systems, Inc., was honored as Recycler of the Year by the Carpet America Recovery Effort at the organization’s fourth Annual conference at the Southern Pine Conference

Sears Canada Shareholders Dispute Valuation

Chicago, IL, May 4, 2006--Pershing Square Capital Management, the hedge fund that has opposed Sears Holdings Corp.'s C$892 million ($807 million) plan to buy out Sears Canada Ltd, said that the bid significantly undervalues the stock.

Initial Jobless Claims Up 5,000

Washington, DC, May 4, 2006--First-time applications for unemployment benefits drifted higher by 5,000 last week to 322,000, the highest level since Nov. 19, the Labor Department reported Thursday.