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.

Pulte Homes Sees Losses Widen in Q3

Pulte Homes Sees Losses Widen in Q3

Detroit, MI, Nov. 3, 2010 -- Homebuilder PulteGroup posted a third-quarter loss of $995 million, or $2.63 per share, compared with a loss of $361.4 million, or $1.15 per share, a year earlier.

Announced Job Cuts Flat in October

Announced Job Cuts Flat in October

Chicago, IL, Nov. 3, 2010 -- Downsizing activity remained flat in October, as employers announced job cuts totaling 37,986 during the month, according to outplacement firm Challenger, Gray & Christmas.

Estrie Signs Distributor Contract Finishes

Baltimore, MD, Nov. 3, 2010 -- Contract Finishes has been named the exclusive distributor of Estrie Flooring Products for Maryland, District of Columbia and Northern Virginia.

Eastman Sells PET Business to DAK Americas

Columbia, SC, Nov. 2, 2010 -- Eastman Chemical has agreed to sell its polyethylene terephthalate (PET) resin business to DAK Americas for $600 million, according to Chemical & Engineering News.

Chain Store Sales Up 2% Over Last Year

Chain Store Sales Up 2% Over Last Year

New York, NY, Nov. 2, 2010 -- Chain-store sales for the week ended Oct. 30 rose 2% from a year ago, according to a survey released Tuesday by the International Council of Shopping Centers and Goldman Sachs.