Today's Flooring News

  1. Home
  2. 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.

J.C. Penney June Same-Store Sales up 4.3%

Plano, TX, July 6, 2006--J.C. Penney Thursday its June sales at department stores open at least a year rose 4.3 percent, and it raised its second-quarter earnings forecast.

UK’s Langsdon to Open New Distribution Center

Warwickshire, England, July 6, 2006--Landsdon, one of the UK's largest independent floor covering distributors, is looking forward to completion of its new 100,000 sq ft purpose-built distribution centre.

WarmlyYours Rolls out Spa Package

Lake Zurich, IL, July 5, 2006--WarmlyYours has unveiled the very latest in home comfort solutions: its new Bathroom Spa Package, comprising of its popular bathroom floor warming systems and its brand-new line of premium Towel Warmers.

Armstrong Intros CushionStep

Lancaster, PA, July 3, 2006--Armstrong Floor Products introduces CushionStep an exciting innovation that offers comfort, style and flexibility, and creates a unique alternative to other hard surfaces that can be cold and unforgiving underfoot.

Banks Delay Action Against Feltex

Wellington, New Zealand, July 3, 2006--Carpet-maker Feltex says its bankers won't take any action over breaches of its loan facilities, at least until late September.

Feltex May Have Rescuer

Wellington, New Zealand The prospect of Talley's Fisheries as the new cornerstone shareholder for Feltex has eased fears the troubled carpet maker could be heading for receivership.

Fed Hikes Rates to 5.25%

Washington, DC, June 29, 2006--The Federal Reserve raised interest rates Thursday at its 17 straight meeting. The move, which was expected, brings the Fed funds rate from a four-decade low of 1% to 5.25%, its highest level since March 2001.