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.

Federated Upbeat About 2nd Half

Cincinnati, OH, August 12--Federated Department Stores reported stronger sales during the three months through the end of July and the retailer said it has seen an encouraging response to its early fall merchandise in recent weeks.

Carpet One Names New Ad Agency

Manchester, NH, August 9--Carpet One has announced a new agency partnership with Columbus-based Ten United. After a three-month review, Carpet One selected Ten United to replace its previous agency Doner.

Columbia Flooring to Double Capacity at Danville P

Danville, VA, August 2-- Columbia Flooring today announced plans to invest $13.5 million in an expansion of its Danville engineered hardwood flooring plant that will ultimately double the facility's production capability.

Fed's 'Beige Book' Reveals Expansion

Washington, DC, June 17--The economic recovery broadened in April and May as most regions of the country reported stronger factory production, robust retail sales and faster job growth, but inflation remained tame, the Federal Reserve said.

EU Trade Sanctions Have Dual Edge

New York, NY, Feb. 26--Trade sanctions that U.S. exporters are to start paying the European Union could top a hefty $300 million this year, but the standoff also could undermine confidence in the international body charged with resolving trade disputes.

Wellman Announces 4th Quarter Earnings

Shrewsbury, NJ, Feb. 27--Wellman, Inc. has reported a net loss from continuing operations of $98.1 million for the fourth quarter and $96.7 million for the full year ended December 31, 2003.

Online Ad Index Dips

New York, NY, February 1, 2007--In January there were 3,141,800 online advertised vacancies, a largely seasonal decline of 6 percent from December, according to The Conference Board Help-Wanted OnLine Data Series released today.

Pulte Posts 4Q Loss

Bloomfield, MI, February 1, 2007--Pulte Homes reported a loss in the fourth quarter, the result of slumping home closings and a large inventory charge.

Furniture Brands 4Q Earnings Off 88%

St. Louis, MO, February 1, 2007--Furniture Brands International Inc. reported fourth-quarter earnings that dropped 88 percent on weakened sales that grew just over 1 percent.