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.

Kmart to Sell Up to 24 Stores to Home Depot

Troy, MI, Jun. 4--Kmart Holding Corp. announced today that it has signed definitive agreements with The Home Depot, Inc., to sell up to 24 stores for a maximum purchase price of $365 million in cash.

Mannington Commercial Intros New Modular Lines

Calhoun, GA, May 4--Mannington Commercial is introducing Taking Shape, with a design element that moves around on each modular tile creating a morphing effect, and Matters of Design, a mixture of small scale, large scale, positive exposures and negative e

Colorado Carpet Store Robbed

Greeley, CO, Jun. 3--Three men robbed a 74-year-old employee of Carpets by Brent at gunpoint on Wednesday afternoon after spraying him in the face with Mace, as reported in the Greeley Tribune.

Retailers Report Positive May Results

New York, NY, Jun. 3--Some of the nation’s top retailers this morning released results for May, Wal-Mart reported a 5.9% increase in May same-store sales.

Haverty Furniture's Sales Down

Atlanta, GA, Jun. 3--Haverty Furniture reported that sales decreased 4.3% to $57.8 million for the month ended May 31, 2004, compared with $60.4 million in May 2003.

Costco's Same Store Sales Rise

Issaquah, WA, Jun. 3--Costco Wholesale Corp. on Thursday reported a 16% jump in May sales at stores open at least a year, helped by strong demand for food.