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.

Nardelli: Home Depot Made Some Mistakes on Expos

Atlanta, GA, June 10—-According to the Atlanta Journal-Constitution, Home Depot chairman and chief executive Bob Nardelli told CNBC on Tuesday that the company "made some mistakes," when it opened Expo Design Center stores but remains committed to the con

Linens 'n Things Expects 2Q Loss

Clifton, NJ, June 10--Linens 'n Things has updated its second quarter 2005 earnings outlook to a loss in the range of $0.11 to $0.15 per share on a fully diluted basis, from the previous outlook of earnings of $0.03 to $0.09 per fully diluted share.

Trade Gap Widens in April

Washington, DC, June 10--The trade deficit widened 6.3% to $57.0 billion in April, according to the Commerce Department. The gap, despite record exports, was the largest increase since last October.

Globus Cork wins ADEX Award

Bronx, NY, June 9--Globus Cork Inc. won a Platinum level ADEX award. The ADEX Awards are sponsored by Design Journal, an international trade magazine for interior designers and architects.

Toll Bros CFO Sees No Housing Bubble

Horsham, PA, June 9--Homebuilder stocks have been on a tear, with housing and real estate prices soaring in many parts of the country, but Joel Rassman doesn't think the industry faces a speculative bubble.