Today's Flooring News

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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.

Penney’s 4Q Earnings Up 65%

Plano, TX, February 16, 2006--J.C. Penney Co., on Thursday posted fourth quarter earnings that rose 65%, helped by more full-priced selling during the key holiday season.

MBA: Cost of Repairing Single-Family Properties in

Washington, DC, February 16, 2006--The cost of repairing the 95,000 properties in New Orleans damaged by flood waters from Hurricane Katrina will total between $8 billion and $10 billion, according to a study released today by the Mortgage Bankers Associa

Specter: Asbestos Bill Not Dead

Washington, DC, February 16, 2006--Republican Sen. Arlen Specter said on Wednesday the asbestos compensation bill he is co-sponsoring is "very much alive" and that Senate Majority Leader Bill Frist told him there would be another vote on it.

Weekly Jobless Claims Up 19,000

Washington, DC, February 16, 2006--First-time applications for U.S. unemployment benefits rose by 19,000 to 297,000 in the week ending Feb. 11, the Labor Department said Thursday.

Dal-Tile Trims NY Production

Olean, NY, February 16, 2006--According to report in the Olean Times Herald, Dal-Tile, within weeks, will be reducing its mosaic tile production by half, closing a kiln and also laying off at least 30 second-shift union workers.

Import Prices Up 1.3%

Washington, DC, February 16, 2006--Prices of goods imported into the United States rose by 1.3% in January as the price of imported petroleum rose 6.4%, the Labor Department said Thursday.

Target 4Q Earning Up 14%

Minneapolis, MN, February 16, 2006--Target Corp., reported a 14 percent increase in earnings for the fourth-quarter.

Surfing a Staple of Internet Life

Washington, DC, February 16, 2006--More Americans are turning to the internet as a place to hang out. Nearly a third of internet users go online on a typical day for no particular reason, just for fun or to pass the time.

NWFA Web Site Provides Info on Wood Floors

St. Louis, MO, February 15, 2006--The National Wood Flooring Association (NWFA) reminds industry members that one of the most comprehensive web sites available about wood floors is provided by the NWFA.