Today's Flooring News

  1. Home
  2. 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.

Reinhart Resigns as Dow CFO

Midland, MI, October 4, 2005 -- Dow Chemical Co. chief financial officer J. Pedro Reinhard resigned effective October 1, the company said in a filing with the Securities and Exchange Commission on Monday.

Wal-Mart Rotates International and U.S. Execs

Bentonville, AR, October 3, 2005--Wal-Mart said on Friday that the heads of its U.S. and international operations would switch roles as the world's biggest retailer struggles to boost sluggish sales growth at home and abroad.

Feltex Hopes Restructuring Will Increase Earnings

Wellington, New Zealand, October 3, 2005--Feltex has asked its shareholders to hang in there regarding details on the extent of its restructuring, which is expected to improve profitability. Details will be unveiled in two weeks.

Construction Spending Up in August

Washington, D.C., October 3, 2005--Spending on construction projects increased 0.4% in August, according to the Commerce Department. It was the biggest increase in three months.

Home Depot Closer to Opening in China

Atlanta, GA, October 3, 2005—-According to the Atlanta Journal-Constitution, Home Depot has moved a step closer to opening stores in China, a key growth frontier with a $50 billion home improvement market.

Expert Says Iran's Carpet Sector Neglected

London, England, October 3, 2005--A noted sculptor has called for paying more attention to woven handicrafts of tribal communities in order to prevent them from becoming extinct, according to Iran Daily.

Manufacturing Expands in September

Tempe, AZ, October 4, 2005 -- Manufacturing activity was surprisingly robust in September as new orders jumped in the aftermath of Hurricane Katrina, while August construction spending rose at a record rate, data released on Monday showed.

R.C. Willey to Open California Distribution Center

Roseville, CA, October 3, 2005--R.C. Willey and the City of Roseville announced that R.C. Willey Home Furnishings has signed a lease to occupy 495,185 square feet at 10000 Allantown Drive in Roseville, California.