Today's Flooring News

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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.

Toll Brothers 2Q Profit Up

Horsham, PA, May 23, 2006--Toll Brothers Inc., said its fiscal second-quarter profit edged up 3 percent, but the company warned that excess inventory and weak consumer confidence will crimp earnings for the year.

LEED 2.2 Applications Can Be Submitted Online

Washington, DC, May 23, 2006--The U.S. Green Building Council has announced that project teams using LEED version 2.2 for new construction can now submit their applications for certification via LEED Online.

Rietveldt to Leave Tarkett

Piscataway, NJ, May 23, 2006--According to an announcement from American Standard Companies, John Rietveldt has been named vice president and general manager of the company’s Bath and Kitchen business in Europe, which is based in Brussels, Belgium. He wil

NRF Support Net Neutrality Legislation

Washington, DC, May 22, 2006 --The National Retail Federation today welcomed introduction of a House bill that would require “net neutrality” among companies providing Internet service.

North Carolina Retailer Sees Dramatic Expansion

Waynesville, NC, May 22, 2006--What a difference ten years and a little good fortune can make. When Joe Schneider moved to Waynesville in 1996 to start a new life, he never imagined becoming an owner of a fast-growing chain of flooring superstores.

Mid East A Growing Carpet Manufacturing Center

Dubai, United Arab Emirates, May 22, 2006--The Middle East is the world’s fourth largest carpet manufacturer after the U.S., Belgium and Holland and the region's production is expected to grow up 25% in five years.

Lowe's 1Q Earnings 44%, Sales Up 20%

Mooresville, NC, May 22, 2006--Lowe's reported first-quarter earnings that were up 44 percent as revenue rose 20 percent. The company’s earnings for the quarter were $841 million, or $1.06 per share, up from $586 million, or $0.73 per share, during t