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.

Pending Home Sales Rise in February

Pending Home Sales Rise in February

Washington, DC, April 3, 2007--The Pending Home Sales Index released by the National Association of Realtor rose 0.7 percent from a downwardly revised reading of 108.5 in January.

Weekly Chain Store Sales up 4.9%

Weekly Chain Store Sales up 4.9%

New York, April 3, 2007--According to a survey by the International Council of Shopping Centers and UBS Securities released today, chain store sales for the week ended March 31 were up 4.9% over the same week a year ago.

Online Ad Job Vacancies Up

Online Ad Job Vacancies Up

New York, NY, April 3, 2007--Online advertised vacancies were up a healthy 18 percent (March '06 — March '07) over 394,800 ads posted for management occupations in March.

Termination Fees at Armstrong: $55.6M

Termination Fees at Armstrong: $55.6M

Lancaster, PA, April 3, 2007--No matter what happens to Armstrong World Industries, no matter who ends up buying the company, its top executives have a safety net.

Bassett Posts 1Q Loss

Bassett Posts 1Q Loss

Bassett, VA, April 3, 2007--Bassett Furniture in the first quarter reported a net loss of $4.2 million or $0.35 per share as compared to net income of $2.2 million or $0.18 per share in the first quarter of 2006.

2007 Market Improves for Graduates

2007 Market Improves for Graduates

Maynard, MA, April 3, 2007--Continuing the strong hiring demand seen for last year's graduates, the class of 2007 will soon enter an even healthier labor market, according to MonsterTrak.

Five Charged in $4M Rug Scheme

Five Charged in $4M Rug Scheme

Boston, MA, April 3, 2007--Five men have been charged with stealing more than $4 million from Building 19 stores, using a scheme that involved sending incomplete rug orders.