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.

Sears CEO Sees More Issues in 2004

New York, NY, Mar. 19--Sears, Roebuck and Co. Chairman and Chief Executive Alan Lacy on Friday said the company's same-store sales could grow in the low-to-mid-single digits in the future, but it still has some things to work through in 2004.

Producer Prices Up in January

Washington, DC, Mar. 18-- A jump in energy prices pushed U.S. wholesale prices up sharply in January, according to a long-delayed report from the Labor Department issued on Thursday.

Ross to Merge Burlington and Cone

Greensboro, NC, Mar. 18--Wilbur Ross made it official yesterday that he has merged Burlington Industries Inc. and Cone Mills Corp. to form what he believes will be a competitive global textile manufacturer.

Recycling - Turning Pallets Into Flooring

Sydney, Australia, Mar. 18--From dross to dance floor; from garbage to golden flooring; from the landfill to the foyer: Whichever phrase you favor, it’s what researchers at North Carolina State University are doing with the ubiquitous, and usually cast-of

Housing Starts Off

Washington, DC, Mar. 17--Home building in the U.S. slowed in February for a second month in a row but remained at strong levels.

China to End Foreign Retail Curbs by December

Shanghai, China, Mar. 17--China will stick by pledges to open a booming retail sector to foreign players such as Wal-Mart and Carrefour, abolishing joint-venture requirements before December 11, state media said Wednesday.

Consumer Prices Rise

Washington, DC, Mar. 17--Consumer prices rose by a modest 0.3 percent in February as high energy costs continued to hit the pocketbooks of drivers filling up at the pump and people heating their homes.