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.

Home Depot Boosts Buyback by $1 Billion

Atlanta, GA, February 24, 2006--Home Depot said its board authorized the repurchase of an additional $1 billion worth of outstanding shares, bringing the total buyback authorization to $12 billion.

Las Vegas Market January ’06 Draws 50,000 Plus

Las Vegas, NV, February 23, 2006--Six months after the debut of the highly successful inaugural Las Vegas Market, which was the largest show launch in U.S. trade show history, all eyes in the international home furnishings industry were focused on the sec

Illegal Logging Still Going Strong

Jakarta, Indonesia, February 23, 2006--When the world's biggest timber smuggling operation from Papua to China was exposed last year, it marked a turning point in the fight against illegal logging in the country.

Mortgage Purchase Applications Up, Refinances Down

Washington, DC, February 23, 2006--The Mortgage Bankers Association (MBA) released its Weekly Mortgage Applications Survey for the week ending February 17. The Market Composite Index--a measure of mortgage loan application volume--was 578.5, an increase

Jobless Claims Drop 20,000

Washington, DC, February 23, 2006--First-time seasonally adjusted claims for state unemployment benefits dropped by 20,000 to 278,000 last week, reversing the prior week's gains, the Labor Department reported Thursday.

Carpet One Hires Ad Agency for Hispanic Market

Los Angles, CA, February 23, 2006--Heil-Brice Retail Advertising's Hispanic division, VisionLatina said that it has been hired by Carpet One to create the company's first Hispanic marketing tool kit.

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.