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.

Louisiana Primed for Flooring Industry

Baton Rouge, LA--May 10--According to a study of Louisiana’s forest population, the state has abundant timber resources available to establish the manufacturing of High Density Fiberboard (HDF) laminate flooring.

Chain Store Sales Up 0.7% Last Week

New York, NY, May 10-—Chain store sales were up 0.7% in the week ended May 7 compared with the week before, on a seasonally adjusted, comparable-store basis.

May Department Store’s 1Q Earnings Drop

St. Louis, MO, May 10--May Department Stores, which has agreed to be acquired by Federated Department Stores, reported earnings of $41 million, or $0.13 per share, versus $76 million, or $0.24 per share, in the same period a year earlier.

Optimistic AmericasMart Exhibitors Renew Leases

Atlanta, GA, May 10--Liberty Oriental Rugs, Atlas Rug Corporation, Banilivi & Nabavian, Inc., French Accents Rugs & Tapestries and Vantage Industries have extended their commitment to the Area Rug Center with long term lease agreements.

ServiceMaster 1Q Earnings Off

Downers Grove, IL, May 10--ServiceMaster Co. posted a slightly lower first-quarter profit partly due to unfavorable March weather.