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.

Manufacturing Sector Grows

Tempe, AZ, Jun. 1--Economic activity in the manufacturing sector grew in May for the 12th consecutive month, while the overall economy grew for the 31st consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On Bu

Lowe's Feels Younger Stores, New Programs Give

Charlotte, NC, May 31--Lowe's Cos. younger portfolio of retail stores and new programs will help distinguish it from larger rival Home Depot Inc. as that home-improvement retailer adopts some of the same strategies Lowe's has used for years, top e

Construction Spending Up

Washington, DC, Jun. 1--Spending on construction increased 1.3% in April, estimated at a seasonally adjusted annual rate of $970.4 billion, the Commerce Department said Tuesday.

Lowe's Names Executive VP

Mooresville, NC, Jun. 1--Lowe's Companies, Inc. announced at its annual meeting of shareholders that the company has promoted Robert F. Hull Jr. to executive vice president and chief financial officer.

Job Cuts Flat in May

Washington, DC, Jun. 1--Job reductions by U.S. corporations were nearly unchanged in May at 73,368, up 1.6 percent from April's 72,184, according to a monthly tally released Tuesday by outplacement firm Challenger Gray & Christmas.

Home Depot Shareholders Voice Concerns Over Custom

Dallas, TX, May 28--Shareholders bombarded Home Depot chief executive Bob Nardelli Thursday with concerns about inconsistent customer service and the retailer's stock price, which has fallen 13 percent during his tenure despite record company earnings