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.

Survey: Boomers Have New Homes, Money on Their Min

Bloomfield, MI, June 7--Many members of the Baby Boomer generation have new homes and money on their minds, as dreams of buying retirement homes mix with concerns about how to get enough dollars in their pockets to carry them through the golden years, acc

Chain Store Sales Up Last Week

New York, NY, June 7--Chain store retail sales rose 0.4 percent in the week ended June 4, compared with a 1.0 percent decrease the previous week, according to the International Council of Shopping Centers and UBS joint report.

Citigroup Buys Federated, May Credit Portfolios

New York, NY, June 6--Citigroup has agreed to buy the credit card receivables portfolios of Federated Department Stores Inc. and May Department Stores Co. following the merger of the two retailers.

Ohio Retailer Expands, Consolidates

Franklin, OH, June 6--Buddy's Carpet and Flooring has replaced three Cincinnati-area stores with larger ones. It will also open an expansion location this week, according to the Cincinnati Enquirer.

Omnova Solutions Finalizes Labor Contract

Fairlawn, OH, June 6--Omnova Solutions said that employees at its Mogadore, Ohio facility represented by the International Chemical Workers Council and its Local 419-C of the United Food and Commercial Workers Union have ratified a new contract with the c

Hovnanian Orders Up in May

Fairlawn, OH, June 6--Homebuilder Hovnanian Enterprises Inc. said the value of its contracts rose 34.3 percent in May from a year ago, while the number of net contracts rose nearly 17 percent as acquisitions and joint ventures helped offset a decline in C

Polish Ceramic Producer Goes Public

Warsaw, Poland, June 6--Poland's leading ceramic-tile producer, with 26 percent of the market, has released a new schedule for its public offer, according to which the firm will enter the bourse on June 24.