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.

Stanley Furniture Earnings Up in 1Q

Stanleytown, VA, April 26--Stanley Furniture Co. Inc. reported an increase in first quarter earnings, helped by higher sales and improved operating efficiencies.

Chain Store Sales Off Last Week

New York, NY, April 26--Chain store retail sales slipped in the latest week, as cooler weather slowed the demand for spring apparel and other seasonal goods.

March New Homes Sales Up 12.2%

Washington, Dc, April 26--Sales of new homes rose an unexpected 12.2 percent in March, according to Commerce Department report issued Tuesday.

Sales at UK’s Carpetright Off

London, England, April 26--Carpet retailer Carpetright blamed weak consumer demand for a sharp downturn in sales in the past six months.

US Xpress Reports 1Q Loss

Chattanooga, TN, April 26--U.S. Xpress Enterprises Inc. reported a loss in the first quarter, due largely to a seasonal downturn in demand for freight transport.

Lanxess Reduces Losses in 2004

Frankfurt, Germany, April 26--Chemical company Lanxess AG announced that it narrowed its net loss last year and said it was preparing a restructuring drive.

Woolrich Debuts Rugs with Sphinx by Oriental Weave

Woolrich, PA, April 26-—Woolrich, Inc., well known for its apparel and other products for outdoor enthusiasts since 1830, is partnering with Sphinx by Oriental Weavers to produce the Woolrich Summerstone Falls collection of area rugs.