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.

AmericasMart Roy Award Nominations Begin

ATLANTA, June 2006--Annually during the July Atlanta International Area Rug Market, the nation’s premier area rug retailers are recognized and honored through AmericasMart’s acclaimed Rug Retailer of the Year Awards (ROY Awards).

Chorman Resigns as Foamex CEO

Linwood, PA, June 08, 2006--Thomas E. Chorman, President, CEO and a director of Foamex International, has resigned from the company by mutual agreement with the board, effective immediately. The board has named chairman, Raymond E. Mabus, Jr., interim pre

Outdoor Living Spaces More Popular

Washington, D.C., June 8, 2006--Residential architects report that there has been a sharp rise in the popularity of outdoor living space, upscale landscaping, and outdoor amenities.

Corporate Directors May Face Liabilities

New York, NY, June 8, 2006--Corporate directors could find themselves exposed to liability if they fail to keep pace with evolving best practices in enterprise risk management (ERM), according to a major new study released today by The Conference Board.

Nobility Homes 2Q Earnings Up

Ocala, FL, June 8, 2006--Manufactured home producer Nobility Homes reported net income in the second quarter that was up 13% to $1.9 million.

Initial Jobless Claims Off

Washington, DC, June 8, 2006--Initial claims for unemployment benefits fell last week to 302,000, well below what economists were expecting, the Labor Department reported Thursday.

Canada Housing Starts Off

Ottawa, Ontario, June 8, 2006--Canadian housing starts dipped 0.5 percent in May to a seasonally adjusted annualized rate of 216,800 units from a revised 217,900 units in April.

'Extreme Sheep' May Brighten the Future of

Adelaide, Australia, June 8,m 2006--The future of Australia's $3 billion-plus wool industry--and the carpet and rug makers who depend on it--may lie with the ugliest, least-wanted lambs.

Q.E.P. Modifies Loan Agreement

Boca Raton, FL, June 08, 2006--Q.E.P. Co., today announced that effective June 1, 2006, the company entered into a Seventh Amendment and Waiver Agreement to its Second Amended and Restated Loan Agreement dated as of November 14, 2002.