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.

Lees Wins Silver Best of NeoCon Award

Greensboro, NC, June 25--Lees Carpets’ commitment to innovation in contract floorcovering was recognized at NeoCon World’s Trade Fair 2003, the premier exhibition for the commercial furnishings industry, held June 16-18 at the Merchandise Mart in Chicago.

1,500 Laid Off At May's

St Louis, MO, June 26--May Department Stores Co. said Wednesday it laid off about 1,500 workers in sales management and support positions. That's about 1.3 percent of its overall work force.

Pergo Adds New Distributor

Raleigh, NC, June, 26--Pergo recently welcomed BPI of Memphis, TN as its newest distributor. They will immediately begin servicing retailers in Texas (excluding El Paso), Arkansas, Louisiana, Mississippi, and Tennessee (west of the Tennessee River).

Record Pace For New Home Sales

Washington, DC, June 25--Sales of new U.S. homes hit a record pace in May, the government said on Wednesday, buoyed by continued low lending rates and the end of the war in Iraq.

Shaw Wins EPA's Presidential Green Chemistry A

Dalton, GA, June 24--Shaw Industries, Inc. was honored Monday with the Environmental Protection Agency's Presidential Green Chemistry Challenge Award at a ceremony held at the National Academy of Sciences in Washington.

Home Depot Alters Urban Store Format

Atlanta, GA, June 23--One look at the new Home Depot in Lincoln Park in Chicago and you can see right away it's different, according to the Atlanta Journal-Constitution.

UK Firm Close To Buying Pillowtex

Kannapolis, NC, June 20--Pillowtex Corp. a maker of sheets and towels which emerged from bankruptcy protection 13 months ago, is close to being bought by UK-based Homestead Fabrics Ltd. in a $300 million deal, a source familiar with the situation said on

Economists Expect Small Rate Cut

Washington, DC, June 19--A small cut in interest rates from the Federal Reserve next week should be the last with the U.S. economy soon pulling out of its doldrums, a top bankers' group forecast on Wednesday

Housing Starts Rise

Washington, DC, June 18--Builders ramped up the pace at which they started work on new homes and apartments in May to a seasonally adjusted annual rate of 1.73 million units