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.

Lowe's to launch Pergo Collection

Trelleborg, Sweden, Nov. 13--Pergo and Lowe's have made plans to roll out a customized collection of Pergo laminate flooring in the U.S. early next year.

Congoleum 3rd Qtr. Earnings Off 50%

MERCERVILLE, N.J., Nov. 14--Congoleum Corp. in the third quarter reported net income that was off 50 percent to $600,000 or $0.07 per share, versus $1.2 million or $0.14 per share in the same quarter of prior year.

Pergo and Witex Sign Letter of Intent

Trelleborg, Sweden, Nov. 12--Pergo AB and the mainshareholder of Witex AG, HW Industries GmbH & Co. KG, have signed a letter of intent concerning a merger between Pergo and Witex.

Wal-Mart Sales Target On Track

Bentonville, AR, Nov. 11‹Wal-Mart Stores said it¹s on track to meet its November sales growth target of 2% to 4% after results for the first week came in on plan.

Armstrong Reports 3rd Quarter Results

Lancaster, PA, Nov. 8--Armstrong Holdings, had third quarter net sales of $846.0 million, compared to $804.9 million in the same period a year ago, an increase of 5.1%.

Armstrong's Reorganization Boosts Asbestos Exp

Lancaster, PA Nov. 12-- Armstrong World Industries will record a charge of more than $2.4 billion to increase liabilities subject to compromise if its proposed reorganization plan is approved and becomes effective.

Retail Picture Looking Up

New York, NY, Nov. 8‹The return of cold weather in October brought consumers back to stores and malls to buy warmer clothes, brightening retailers' prospects