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.

Seventy-Eight Percent of Active Internet Users Hav

New York, NY, December 19, 2006--Nielsen//NetRatings has reported that 78 percent of active home Web users connected via broadband during the month of November, up 13 percentage points from 65 percent of active Web users a year ago.

Fitch Affirms Omnova Solutions Rating

Chicago, IL, December 15, 2006--Fitch Ratings has affirmed the following credit ratings for Omnova Inc.: Issuer default rating (IDR) at 'B+'; Senior secured credit facility at 'BB+, recovery rating (RR) 1'; Senior secured notes at 'B+/

Bidder Chosen for C&A's Flooring Unit

Southfield, MI, December 14, 2006--Collins & Aikman Corp. said Wednesday it had selected a bidder for its North American automotive flooring and acoustic components business.

ASID Offers New Research on Sustainability

Washington, DC, December 13, 2006--As sustainability and environmental consciousness become increasingly important to the interior design profession, the American Society of Interior Designers presents a new series of sustainable design white papers, enti

Commercial/Multifamily Mortgage Debt Outstanding G

Washington, DC, December 13, 2006--The level of commercial/multifamily mortgage debt outstanding grew by 2.9 percent in the third quarter, reaching $2.845 trillion, according to the Mortgage Bankers Association (MBA) analysis of the Federal Reserve Board

Weekly Chain Store Sales up 3.2% From Year Ago

New York, NY, December 12, 2006--Chain store sales rose 3.2% for the week ended Dec. 9, compared to the year-ago period, according to a survey released Tuesday by the International Council of Shopping Centers Inc. and UBS Securities LLC.

International Tile to Launch Tile Studio Facility

Palm City, FL, December 12, 2006--International Wholesale Tile Inc. (IWT), a distributor and merchandiser of ceramic, porcelain and natural stone, floor and wall coverings, opened its brand new tile studio facility in Palm City, Florida last month.

UK’s Carpetright Earnings Up Despite Laminate Decl

London, England, December 12, 2006--Carpet and flooring retailer Carpetright reported a continuing rise in profits for the first half and said the laminate market appears to have stabilised after a couple of tough years.