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.

Consumer Confidence Drops

New York, Feb. 24--U.S. consumers became much more cautious in February as worries about jobs mounted, the Conference Board said Tuesday.

Federated Earnings Up

Cincinnati, OH, Feb. 24--Federated Department Stores, Inc. today reported fourth quarter results for the year ended January 31, 2004 that reflected strong sales and earnings trends.

Retail Innovator Meijer Adapting to Compete with W

Grand Rapids, MI, Feb. 24--Meijer celebrates its 70th anniversary this summer by reinventing the supercenter concept it created in 1962.

Former Armstrong Printing Unit Re-Emerges in New V

Lancaster, PA, Feb. 22--Downsizing for Armstrong World Industries has turned into upsizing for businessman Craig Arnold, according to the Lancaster New Era.

Oriental Rug Dealer Loves Competition

Birmingham, MI, Feb. 24--When Kamran Karimpour was growing up in Iran, he loved to tag along with his father on trips to the Persian Bazaar to visit the rug merchants.

Pergo Contacted by Potential Bidder

Trelleborg, Sweden, Feb. 23--The Board of Directors of Pergo has been contacted by an investor who has expressed interest to investigate the conditions for an acquisition of Pergo.

Retiree Group Sues Formica

Cincinnati, OH, Feb. 22--Arguing that their former employer misled them, a group of Formica Corp. retirees filed suit Friday to prevent the laminate maker from reducing their monthly pension checks.

Martha Likely Won't Take the Stand

New York, NY, Feb. 23--Lawyers for Martha Stewart and her former Merrill Lynch & Co. broker are strongly leaning toward not putting their clients on the witness stand.

Bhadohi is India's Carpet Center

Lucknow, India, Feb. 20--When it comes to exclusive hand-knotted woollen carpets, 'Made in Bhadohi' is the final word in quality carpets the world over.

New York, NY, Feb. 20--Just days after selling her ImClone Systems Inc. stock, Martha Stewart said she knew that ImClone Chief Executive Sam Waksal had been trying to dump his shares in the company, a close friend of Stewart testified.