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.

Foamex Receives Court Approval of First Day Motion

Linwood, PA, September 21, 2005--Foamex said it has received approval from the Bankruptcy Court for the company's "first day" motions that will enable its operations to proceed smoothly and without interruption throughout its reorganization case.

Forbo Increases Prices

Hazleton, PA, September 21, 2005--Effective November 1, 2005, Forbo Flooring North America will have a 3-5% price increase on all products and sundry items. The increase was brought on by an increase in production costs, transportation costs and fuel cost

WarmlyYours’ Georges Selvais Honored

Buffalo Grove, IL, September 21, 2005 – Georges Selvais, co-founder and General Manager of WarmlyYours, was honored at a recent dinner held in Chicago in recognition of his 10 years of contributions to the advancement of floor warming technologies.

Fed Hikes Rates to 3.75%

Washington, DC, September 21--The Federal Reserve raised interest rates again, saying Hurricane Katrina could fuel inflationary pressures but does not pose a persistent threat to the economy.

Home Builder Optimism Edges Down Further In Septem

Washington, DC, September 20, 2005--Home builder optimism in the market for new single-family homes remains in a positive zone this month, albeit with some further erosion from the cyclical high in June, according to the National Association of Home Build

Mohawk Rewards Plus Promotion Enters Peak Earnings

Dalton, GA, September 20, 2005--The “Mohawk Rewards Plus” promotion program is a favorite among retail salespeople for a number of reasons. And Mohawk’s plans for the last quarter of 2005 are likely to make it even more popular.

Chain Store Sales Off Last Week

New York, NY, September 20, 2005--Chain store retail sales dropped significantly in the latest week, as a result of high gasoline prices, ripple effects of Hurricane Katrina and increased consumer concern about the future of the economy, a retail report s