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.

GE Consumer Finance, Lowe's Sign Credit Deal

Stamford, CT, April 22--GE Consumer Finance has signed a seven-year extension of its agreement with Lowe's Companies, Inc., to continue to provide private label credit card services for the home improvement retailer's consumer and commercial custo

Honeywell’s Sales Up

Morris Township, NJ, Apr. 17—Honeywell’s first quarter earnings per share before the cumulative effect of the required implementation of Statement of Financial Accounting Standards No. 143 (SFAS 143) were $0.32 per share, in line with prior earnings guida

Mohawk’s Earnings Down

Calhoun, GA, Apr. 17--Mohawk Industries, Inc. had net earnings of $41.64 million and diluted earnings per share (EPS) of $0.62 per share for the first quarter. This compares to $43.21 million in net earnings and EPS of $0.77 for the same period a year ago

Dixie Sales Lower Than Expected

Chattanooga, TN, Apr. 10—The Dixie Group, announced that its first quarter results would be adversely affected by lower-than-expected sales volume and higher costs.

Kmart Names New Board of Directors

Troy, MI, Apr. 2--Kmart Corp. investors, creditors and lenders have elected an entirely new board of directors to lead the discount retailer when it exits bankruptcy protection.

Flooring Sales at Lowe’s Up Last Year

Wilkesboro, NC, Apr. 17—Flooring was the fastest growing product category at Lowe’s last year, based on percentage change, and it was the second fastest behind appliances based on dollar sales

Interceramic’s Sales Lower

Chihuahua, Mexico, Apr. 17-- Internacional de Ceramica S.A. de C.V. focused its efforts on maintaining product sales levels and improving operating results in the first quarter.

Liz Claiborne/Carpet One Flooring Ad Campaign Debu

Manchester, NH Mar. 31-- A multi-media advertising and marketing campaign to launch the first floor covering line from apparel leader Liz Claiborne debuts this month from Carpet One, exclusive retailer of the collection.