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.

Wholesale Inventories Off

Washington, DC, June 8, 2006--Wholesale inventories tightened in March and matched the lowest level on record, as sales jumped 1.3% while inventories climbed 0.9%.

Wools of New Zealand Invests in Chromatology

Atlanta, GA, June 8, 2006--“Color science is the key to a successful future”, according to Wes Connelly, North American area manager for Wools of New Zealand, which is precisely why the company has invested in the latest Spectrophotometer from Datacolor.

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).

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.

Home Depot Defends Bank Purchase

Atlanta, GA, June 7, 2006--Home Depot struck back at comments from a key real estate industry group that its proposed purchase of a small bank could harm competition, saying homeowners have many ways to finance home projects.