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.

Avery Sports Turf Sees Possible Growth in Marketsh

Minneapolis, MN, Feb. 20--Avery Sports Turf, Inc., an artificial turf manufacturer, today announced that Avery does not anticipate any adverse effects from the recent announced bankruptcy filing of SRI Sports.

DuPont May Use Invista Money to Fund Deals

Boca Raton, FL, Feb. 19--DuPont Co. may use some of the $4.4 billion of proceeds from the sale of its Invista fibers unit for small acquisitions, DuPont's chief executive said on Thursday.

Kmart Customer Satisfaction Scores Low

Ann Arbor, MI, Feb. 19--When it comes to customer satisfaction, Kmart Holding Corp. still sits at the bottom of the barrel among department and discount stores.

Wal-Mart's Profit Rises

Bentonville, AR, Feb. 19--Wal-Mart Stores’ fiscal fourth-quarter profit rose 8.5% amid steady sales growth.

Dixie Group to Go Upmarket in 2004

Chattanooga, TN, Feb. 18--Dan Frierson, chairman and CEO of The Dixie Group, said Tuesday that the Chattanooga-based carpet maker is starting a new era.

Leading Indicators Rise in January

New York, Feb 19--A key economic forecasting gauge advanced a strong 0.5 percent in January, suggesting that the economy will expand further in coming months.

Interface Reports Loss

Atlanta, Ga, Feb. 18--Interface, Inc. today announced results for the fourth quarter and fiscal year ended December 28, 2003.

AstroTurf Maker Files Bankruptcy

Leander, TX, Feb. 17--AstroTurf-maker Southwest Recreational Industries Inc., which installed an artificial playing surface at the Louisiana Superdome, has filed for bankruptcy protection and is going out of business.

January Housing Starts Fall

Washington, DC, Feb. 18--Home construction took its first fall in five months in January, making a larger-than-expected drop that was accompanied by a decrease in building permits.