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.

Report: Armstrong Leaning Toward Asset Sale

Report: Armstrong Leaning Toward Asset Sale

New York, NY, December 5, 2007--Armstrong World Industries, which announced that it would explore strategic alternatives in February, is leaning towards an asset sale to fund a share buyback.

Office Furniture Orders Up 6%

Office Furniture Orders Up 6%

Grand Rapids, MI, December 3, 2007—U.S. office furniture orders picked up in October after a flat performance in the previous month, according to industry data.

Dow Chemical to Close Plants

Dow Chemical to Close Plants

Midland, MI, December 4, 2007--Dow Chemical Co said on Tuesday it would shut down a number of plants and eliminate about 1,000 jobs to cut costs and direct capital toward businesses with better growth prospects.

Chain Store Sales Off Last Week

Chain Store Sales Off Last Week

New York, NY, December 4, 2007--Chain-store sales were off 2% for the week of December 1, compared with the prior week, according to the International Council of Shopping Centers and UBS Securities.

Karastan Honors Billion Dollar Bill

Karastan Honors Billion Dollar Bill

Dalton, GA, December 4, 2007--Karastan's sales team was honored at the company’s national sales meeting November 13-16 in Greensboro, North Carolina.