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.

Target to Sell Mervyn's for $1.65B

Minneapolis, MN, July 30—Target Corp. said it will sell its struggling Mervyn's discount department-store chain to a group of private-investment firms for about $1.65 billion.

Home Depot Plans for New Tech & Customer Service C

Atlanta, GA, July 30--Home Depot said that the company is planning to establish a new technology center in Austin, Texas, and a separate customer service center for The Home Depot Supply division in New Braunfels, Texas.

Kronospan Looking At Alabama

Tuscaloosa AL, July 22--A German flooring company is close to making a $300 million to $400 million investment in Alabama.

Honeywell Increases Residential and Commercial Fib

Charlotte, NC, July 8—Honeywell has announced a price increase of five cents per pound ($0.05/lb) over the current price of residential and commercial bcf fiber and fiber-grade resins and three cents per pound ($0.03/lb) on all staple fiber products from

CCA Named Nusbaum Corporate Buyer

Manchester, NH, July 7--CCA Global Partners has announce the appointment of Ann Nusbaum, a 25-year veteran of the floor covering industry, to the company as the Corporate Buyer for Area Rugs and Window Treatments for all CCA divisions.