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.

CFI Member Wins Trip to Surfaces Conference

CFI Member Wins Trip to Surfaces Conference

Dallas, TX, September 5, 2007-- Roland Thompson of Kehne’s Carpet One in Frederick, Maryland won the “Surfaces 2008 CFI Giveaway” at the 14th Annual Certified Floorcovering Installers Convention.

Convenience Gives Home Depot Edge Over Lowe's

In the battle of the big-box home centers, homeowners give a slight preference to Lowe's Cos. (LOW) but Home Depot Inc. (HD) still gets more of their money thanks to the larger chain's convenient locations, according to a recent survey.

Non Manufacturing Expansion Unchanged in July

Non Manufacturing Expansion Unchanged in July

Tempe, AZ, September 6, 2007--Business activity in the non-manufacturing sector increased at the same rate in August as in July, according to the Non-Manufacturing ISM Report On Business.

Jobless Claims Drop 19,000

Jobless Claims Drop 19,000

Washington, DC, September 6, 2007—Jobless claims fell 19,000 to 318,000 in the week ending September 2, according to the Labor Department.

Productivity Up 2.6% in 2Q

Productivity Up 2.6% in 2Q

Washington, DC, September 6, 2007--Productivity in the second quarter expanded at an annual rate of 2.6%, from the previous estimate of 1.8% as labor costs cooled, according to a Labor Department report.

Cavalier Homes Expects 3Q Loss

Cavalier Homes Expects 3Q Loss

Addison, AL, September 5, 2007--Manufactured housing maker Cavalier Homes said it no longer expects to post a fiscal third-quarter profit because of revenue and gross margin pressures resulting from tough market conditions.

Hooker Furniture 2Q Earnings Up

Hooker Furniture 2Q Earnings Up

Martinsville, VA, September 6, 2007--Hooker Furniture posted higher fiscal second-quarter earnings on improved profit margins and a decrease in selling, administrative and restructuring costs.