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.

Report: Lowe's Secretly Eyeing Europe

London, England, February 23, 2006---According to a report in the Sunday Telegraph, Lowe’s, the world's second largest home improvement retailer, is secretly plotting an assault on the European DIY market in a move that could see it swallow Kingfisher

Sears Essentials to Become Sears Grand

Hoffman Estates, IL, February 23, 2006--Sears Essentials stores will become Sears Grand as part of a retooling of the retailer's midsize store format, Sears Holdings Corp., said Wednesday.

Sears Canada Spurns Parent's Bid

Toronto, Ontario, February 23, 2006--Sears Canada Inc., urged its shareholders to reject the C$835.4 million ($726.4 million) buyout offer from U.S. parent Sears Holdings Corp., as inadequate.

Toll Brothers 1Q Earnings Up 49%

Horsham, PA, February 23, 2006--Luxury home builder Toll Brothers on Thursday reported a 49% improvement in first-quarter profit, while noting that speculators are leaving the housing market.

Online Job Demand Rises or Holds Steady in 15 of T

New York, NY, February 23, 2006—According to to the latest findings of the Monster Local Employment Index, online job availability increased or held steady in more than half of the top 28 U.S. metropolitan areas in January.

NAR Launches Leading Index for Commercial Real Est

Washington, DC, February 23, 2006--The National Association of Realtors launched a new leading indicator for the commercial real estate market today that shows an increase in commercial brokerage activity can be expected over the next six to nine months.

Omission in Congoleum Case Costs Advisory Firm $13

Trenton, NJ, February 22, 2006--U.S. Bankruptcy Court Judge Kathryn Ferguson has stripped a Washington, D.C., insurance recovery firm of $13 million in legal fees because it failed to disclose conflicts of interest while conducting bankruptcy work for Mer

ASID Foundation Fundraiser to Take Place at Interi

Washington, DC, February 22, 2006--"Jubilation: The ASID Foundation Fundraiser," will take place during INTERIORS 06: The ASID Conference on Design, in Nashville, Tenn., on Friday, March 17, at the Country Music Hall of Fame and Museum.