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.

U.K.’s United Carpet: Prospect Remain Stong

U.K.’s United Carpet: Prospect Remain Stong

London, England, October 30, 2007--Flooring retailer United Carpets Group said it is continuing to trade in line with expectations and that its longer term prospects remain strong, according to the Birmingham Post & Mail.

Chain Store Sales Up Last Week

Chain Store Sales Up Last Week

New York, NY, October 30, 2007--Chain-store sales rose 0.1% for the week ended October 27 compared with the prior week according to a survey released by the International Council of Shopping Centers (ICSC) and UBS Securities.

Dixie 3Q Net Income Falls

Dixie 3Q Net Income Falls

Chattanooga, TN, October 30, 2007--The Dixie Group reported third quarter net income of $2.2 million or $0.17 per diluted share, compared with net income of $2.6 million, or $0.20 per diluted share, for the third quarter of 2006.

Texas Manufacturing Continues to Decelerate

Texas Manufacturing Continues to Decelerate

Dallas, TX, October 30, 2007--Texas manufacturing continues to show signs of softness, according to the 122 business executives who responded to the Texas Manufacturing Outlook Survey in October.

Economists: Housing Turnaround to Begin In 2008

Economists: Housing Turnaround to Begin In 2008

Washington, DC, October 26, 2007--Economists participating in the NAHB Fall Construction Forecast Conference on Oct. 24 said they expect the industry to bottom out and to start turning around in 2008.

Louisiana Pacific Posts Third Quarter Loss

Louisiana Pacific Posts Third Quarter Loss

Nashville, TN, October 29, 2007--Louisiana Pacific reported a third-quarter of $67.8 million, or $0.65 per share, after earning $9.5 million, or $0.09 per share, in the year-ago period.