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.

Shaw Wins Waste Reduction Award

Dalton, GA, April 24, 2006, Shaw Industries, Inc., California Division was recently honored by the Waste Reduction Awards Program (WRAP).

Canada Retail Sales Off 0.4%

Ottawa, Ontario, April 21, 2006--Canadian retail sales dropped by 0.4 percent in February, the first decline after four months of increases.

Feltex Fined $150,000 for Nondisclosure

Wellington, New Zealand, April 21, 2006--Feltex has agreed to pay out at least $150,000 after the Stock Exchange ruled the embattled carpet maker had not informed it quickly enough last year about a severe fall in profits, according to the Dominion Press.

UK’s Floors 2 Go Announces New Board Member

Birmingham, England, April 21, 2006--Floors 2 Go, the UK's largest specialist retailer of laminate and wooden flooring, has announce that Geoff Brady is joining the board as a Non Executive Director.

Foamex Files Motion to Limit Security Trading

Linwood, PA, April 21, 2006--Foamex International filed a motion with the U.S. Bankruptcy Court, requesting that the Court approve measures to protect the Company's federal tax net operating losses (NOLs).

Karim Rashid Designs Tarkett’s NeoCon Booth

Houston, TX, April 21, 2006--Karim Rashid, a leading figure in the field of interior design, has been commissioned by Tarkett Commercial to design the flooring manufacturer’s booth display for NeoCon.

MBA: Terrorism Risk Insurance Desirable

Washington, DC, April 21, 2006--The Mortgage Bankers Association (MBA) sent a comment letter to the President’s Working Group on Financial Markets (PWG) regarding their ongoing analysis of terrorism risk insurance.

Leggett 1Q Earnings Off on Charges

Carthage, MO, April 21, 2006--Leggett & Platt Inc., maker of home and office furniture and fixtures and carpet underlay, reported first-quarter earnings fell 15 percent, hurt by a restructuring charge.