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.

Wal-Mart’s 2Q Earnings Up 8.5%

Bentonville, AR, August 12--Wal-Mart Stores second quarter net earnings were up 8.5% it $2.65 billion, or 62 cents a share, compared with $2.44 billion, or 52 cents a share, a year earlier.

Mohawk Leases New Jersey Warehouse

Calhoun, GA, August 11—Mohawk has struck a deal to lease a 617,000 square foot distribution building in Teterboro, N.J., about 15 miles from Manhattan.

NAR Upgrades Housing Forecast

Washington, August 9--The exceptionally strong performance of home sales this year, combined with a favorable economy and affordability conditions, means the record expected for housing this year will be larger than earlier projected, according to the Na

OSB Prices On The Rebound

Fort St. John, AK, August 3--When Slocan-LP OSB Corp. announced in January that it was building the long anticipated OSB plant in Fort St. John, prices were at $360 US per thousand square feet.

ROY Awards Announced at Atlanta Rug Market

Atlanta, GA, July 14--The July 2004 The Atlanta International Area Rug Market today announced the winners of the summer market’s 11th annual Retailer of the Year (ROY) Awards.

Floorboard Noise Spurs Call to Action in Scotland

London, England, June 17—According to BBC News, demands are growing in the Scotland for tighter controls to tackle the growing number of noise complaints sparked by laminate flooring and stripped floorboards.

Builder Confidence Slips Two Notches In June

Washington, DC, June 16-- Builder confidence in the market for new single-family homes edged downward this month but remained well above where it was this time last year when mortgage interest rates were at their lowest point in nearly half a century.

Sears' Grand Revenues Higher Than Expected

Hoffman Estates, Feb. 27--Taking steps to shake its heritage as a mall-based retailer, Sears, Roebuck and Co. said Thursday that revenues at its first Sears Grand store have exceeded expectations.