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.

Lowe's Responds to Chicago 'Big-Box' L

Chicago, IL, August 9, 2006--Lowe's has put plans for two home-improvement centers in Chicago on hold in the wake of the city's new "big-box" minimum-wage ordinance, following similar steps taken by Wal-Mart and Target, a developer and alderman sa

The Fed Takes a Break

Washington, DC, August 8, 2006--After 25 months and 17 straight meetings with a quarter-percentage point rate hike, the Federal Open Market Committee decided to hold rates steady at its meeting Tuesday.

UK’s Carpetright 1Q Sales Off

London, England, August 8, 2006--The U.K's biggest retailer of carpet and floor coverings, Carpetright PLC said like-for-like sales in the U.K and Republic of Ireland fell 0.3% in the first quarter, due to unseasonably warm weather.

Hot July is Tepid for Small Business

Washington, DC, August 8, 2006--Scorching temperatures received lots of attention in July, but things were not so hot for the nation's small-business owners.

Editor Calls for Inquiry into Feltex

Auckland, NZ, August 7, 2006--Small shareholders have been burned again. Sunday Star Times business editor Tim Hunter wants the Securities Commission to investigate what went wrong at Feltex.

Haverty Furniture July Sales Up 10.3%

Atlanta, GA, August 3, 2006—Haverty Furniture reported sales for the month ended July 31 that increased 10.3% to $73.4 million, compared with $66.6 million in July 2005.

Retailers Post Solid Sales in July

New York, NY, August 3, 2006--Retailers posted solid July sales growth sent consumers back into the stores. The outlook for the back-to-school season however remains uncertain as higher gasoline prices and rising interest rates are still expected to chall

Louisville Wood Floors Created

Louisville, KY, August 3, 2006--John Stern, formerly of Kentucky Wood Floors, announced the creation of a new company called Louisville Wood Floors, created to provide the specifiers with a broad selection of specialty hardwood flooring and accessories.

New Persian Rug Marketing Groups to Bolster Intern

London, England, July 31,2006--According to an IRNA report, a senior Commerce Ministry official said that several Persian carpet research and marketing groups will be established nationwide as part of efforts to promote international sales of the luxuriou