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.

Stanley Furniture Posts 2Q Loss

Stanley Furniture Posts 2Q Loss

Stanleytown, VA, July 17, 2007--Stanley Furniture reported a second-quarter loss on Monday after taking a charge. It also cut its full-year profit and sales forecast, sending its shares lower in extended trading.

Interface Closes Sale of Fabrics Unit

Interface Closes Sale of Fabrics Unit

Atlanta, GA, July 17, 2007--Interface, Inc.said it has completed the sale of its fabrics division, known as InterfaceFABRIC, to an affiliate of Sun Capital Partners Inc.

BlueLinx and CCA Form Partnership

BlueLinx and CCA Form Partnership

Atlanta, GA, July 17, 2007--BlueLinx Holdings Inc., a distributor of building products in North America, and CCA Global Partners, Inc., jointly announced a strategic relationship.

Hovnanian Rises Amid Talk of Buffett Bid

Hovnanian Rises Amid Talk of Buffett Bid

Red Bank, NJ, July 13, 2007--Shares of homebuilder Hovnanian Enterprises shot up Friday amid press reports that Warren Buffett's Berkshire Hathaway Inc. might be eyeing the company.

Home Depot Secures $10B Credit Facility

Home Depot Secures $10B Credit Facility

Atlanta, GA, July 13, 2007--Home Depot said Lehman Brothers Commercial Paper Inc., Merrill Lynch Capital Corp. and other lenders have agreed to provide the company with a $10 billion credit facility.

Dixie Restates Financial Results

Dixie Restates Financial Results

Chattanooga, TN, July 13, 2007--The Dixie Group reported that the company had received comments from the Securities and Exchange Commission regarding its Annual Report on Form 10-K.

Mannington Intros New Porcelain Line

Mannington Intros New Porcelain Line

Salem, NJ, July 16, 2007 --A whirlwind of colorful shades, Mannington’s newest tile introduction, Tempest, interprets the excitement and beauty of nature into elegant and durable porcelain tile.