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.

Federated to Sell Lord & Taylor

New York, NY, January 13, 2006--Lord & Taylor is for sale, fueling speculation about the fate of a venerable department store chain that offered American classic design but lost its highbrow appeal amid fierce competition.

Shaw Intros New Backing System

Dalton, GA--Shaw has recently introduced PowerEdge, an innovative secondary backing that creates a stronger fabric at the roll edges to prevent roll crush and edge ravel at the seams.

Shaw Debuts “Anso Visions” Collection

Dalton, GA, January 11, 2006--Shaw Industries has introduced a comprehensive selection of today’s most current looks in carpet, with all styles featuring Anso’s popular Caress ultra-soft nylon.

Dow Increases Latex Prices

Midland, MI, January 11, 2006)—Effective January 30, 2006, the Dow Latex business is increasing the prices of all latex products sold into the carpet industry by US$0.03/lb (dry) in the United States and Canada.

Home Depot to Acquire Hughes Supply

Atlanta, GA, January 10, 2006--Home Depot and Hughes Supply, Inc., a leading distributor of construction, repair and maintenance products, today announced a definitive agreement for Home Depot to acquire Hughes Supply for an aggregate consideration of $3.

Home Depot Acquires Chem-Dry

Atlanta, GA, January 9, 2006--Home Depot announced that it has acquired Chem-Dry, the franchisor for the world's largest carpet and upholstery cleaning and service provider network. Chem-Dry has nearly 4,000 franchises worldwide, including 2,500 in th

Iranians to Produce $9 Million Carpet

Tehran, Iran, January 9, 2006--Iranian carpet weavers will start weaving a 5,700-square-meter, 80-billion-rial (roughly US $9 million) carpet for the Sheikh Zayed al Nahyan Mosque as of January 21, 2006.

NAM: Soaring Natural Gas Prices Pose Critical Chal

Washington, DC, January 6, 2006--High winter heating bills will continue to suppress consumer spending in the first quarter of 2006, resulting in the economy growing at an annual rate of just 2.6 percent - the slowest quarterly growth rate since the first