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.

cmi  Promotes Thayer

cmi Promotes Thayer

Pawtucket, RI, July 11, 2007-- cmi (Colonial Mills, Inc.), a manufacturer of braided-texture area rugs and accessories, names Meredith Thayer to the position of Sales Executive – Business Development.

Intertech Opens Third Location

Intertech Opens Third Location

Austin, TX, July 11, 2007Full-service commercial flooring specialist Intertech Flooring announced today a major expansion, with the addition of a third location in Mission, Texas.

Ryland Warns of Q2 Loss

Ryland Warns of Q2 Loss

Los Angeles, CA, July 11, 2007--The Ryland Group warned that it expects to post a second quarter net loss of $1.25 to $1.35 per share due to continued deterioration in the housing market.

Johnsonite Introduces Underlock

Johnsonite Introduces Underlock

Chagrin Falls, OH, June 11, 2007—Johnsonite nnounced the introduction of UnderLock, a clever locking system for the Triumph and Inertia multi-functional flooring lines.

Wholesale Sales Up 1.3%

Wholesale Sales Up 1.3%

Washington, DC, July 10, 2007—Wholesale sales increased 1.3 percent in May, after a 1.5 percent increase in April, according a Commerce Department.

Sears Lowers 2Q Guidance

Sears Lowers 2Q Guidance

Hoffman Estates, IL, July 10, 2007--Sears second-quarter earnings will likely fall well below Wall Street expectations due to disappointing sales of home appliances and other products at both Sears and Kmart.