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.

Laticrete Loses Trade Secrets Case; Will Appeal

Laticrete Loses Trade Secrets Case; Will Appeal

Hartford, CT, June 30, 2010--Connecticut firm Dur-A-Flex was awarded more than $50 million dollars in damages for the alleged misuse of trade secrets by Laticrete, a claim the company vigorously denies.

Foreclosures Make Up Nearly Third of Q1 Sales

Foreclosures Make Up Nearly Third of Q1 Sales

Irvine, CA, June 30, 2010--Foreclosures accounted for a third of all home sales, and they sold at a nearly 30% discount in the first quarter this year, according to foreclosure tracking firm RealtyTrac.

Consumer Confidence Falls in June

Consumer Confidence Falls in June

New York, NY, June 29, 2010--U.S. consumer confidence fell sharply in June on concerns over the sustainability of economic recovery and the outlook for jobs, marking the end of three months of gains.

Carpetright Sees Annual Profit Rise

Carpetright Sees Annual Profit Rise

London, England, June 29, 2010--Britain's carpet and floor covering retailer Carpetright reported Tuesday a 33.5% increase in pre-tax profit for fiscal 2010.

Home Tax Credit Deadline Extension May Be Dead

Washington, DC, June 28, 2010--A measure that would have extended the amount of time that buyers have to close on house purchases in order to claim a federal tax credit got stalled in the Senate last week.

NWFA Launches Site on Professional Inspectors

NWFA Launches Site on Professional Inspectors

St. Louis, MO, June 28, 2010--The National Wood Flooring Association Certified Professionals has developed a new website to help consumers, manufacturers and others find professional wood flooring inspectors.