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.

Colonial Mills Launches New Website

Pawtucket, RI, March 27, 2008--Colonial Mills a manufacturer of a line of braided-texture area rugs and accessories, has launched a new website at www.colonialmills.com to mark its 30th anniversary.

New Home Sales Fall to 13-Year Low

Washington, DC, March 26, 2008—New home sales fell to a 13-year low in February, falling 1.3 percent to an adjusted annual rate of 590,000, the Commerce Department.

Durable Goods Orders Fall Unexpectedly

Washington, DC, March 26, 2008--Durable goods orders unexpectedly fell in February as demand for machinery fell, perhaps indicating that companies are becoming more reluctant to invest.

Topps Tiles Sees Lower Net Income

London, UK, March 26, 2008--British tile and flooring retailer Topps Tiles Plc said its first half net income would be down 17 percent and low consumer confidence would pressure near term sales.