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.

Home Centers Cutting Back on Sales Promotions

Atlanta, GA, Aug. 22, 2008--Home Depot and Lowe's are pulling back on margin-eroding promotions.

Tarkett Raising Prices on All Commercial Tile

Houston, TX, Aug. 21, 2008 – Tarkett Commercial Tile will raise prices 5 to 8 percent on all its products as of Oct. 1.

Buffett Sees Little Econ Improvement Before 2009

New York, NY, Aug. 22, 2008--The U.S. economy is unlikely to improve before 2009, investor Warren Buffett said on CNBC Friday morning.

Bernanke Says Inflation Should Moderate Soon

Jackson Hole, WY, Aug. 22, 2008--Federal Reserve Chairman Ben Bernanke said inflation was on track to moderate in coming months.

Leading Indicators Index Falls By Most in Year

New York, NY, Aug. 21, 2008--The index of leading economic indicators fell in July by the most in almost a year, according to the Conference Board.

Georgia Leads Nation in New Jobless Claims

Washington, DC, Aug. 21, 2008--Initial jobless claims fell for a second consecutive week, after hitting six-year high, according to the Labor Department.

Dow Reichhold Latex Venture Dissolving

Research Triangle, NC, Aug. 21, 2008--Dow Reichhold Specialty Latex said it will go out of business by the end of the year, according to the Triangle Business Journal.

Azrock Plant Hit By Tornado Saturday

Houston, TX, Aug. 18, 2008 – Tarkett's Azrock tile plant in Houston was damaged by a tornado Saturday. The affected area held unfinished goods and raw materials.

ServiceMaster Names Kunihiro Senior VP

Memphis, TN, Aug. 21, 2008--ServiceMaster has named Jim Kunihiro as senior vice president of corporate strategy and marketing.

Cross Named Mohawk Sustainability Manager

Dalton, GA, August 20, 2008--Jenny Cross has been promoted to residential senior sustainability manager at Mohawk Industries, a new position. Previously, she was brand manager for Residential Soft Surface Products.