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.

Report: ServiceMaster Being Eyed for Two Bids

New York, NY, March 9, 2007--ServiceMaster Co., which put itself up for sale last year, is drawing interest from at least two buyout groups that may bid more than $4 billion, four people with knowledge of the discussions said.

Pergo Applies for Delisting, Sets 1Q Report Date

Pergo Applies for Delisting, Sets 1Q Report Date

Trelleborg, Sweden, March 9, 2007--Pergo AB said today that its Board of Directors has decided to apply to the Stockholm Stock Exchange for the delisting of its shares, with the last trading date to be as soon as possible.

CarpetOne.com Raises the Bar

CarpetOne.com Raises the Bar

Dallas, TX, March 9, 2007--Two months after their e-commerce site went live to consumers, Carpet One Floor & Home is leading the industry, becoming the first retailer to sell installed flooring via the Internet.

Wholesale Inventories Up 0.7%

Wholesale Inventories Up 0.7%

Washington, DC, March 9, 2007—Wholesale inventories bounced back in January, more than reversing a decline in December that economists thought would position the economy for strong growth in the months ahead.

Trade Gap Narrows Again in January

Trade Gap Narrows Again in January

Washington, DC, March 9, 2007--The U.S. trade deficit narrowed again in January, adding to the sense that the trade gap has at least stabilized and may even be starting on a downward trend, a government report showed Friday.

Unemployment Rate Drops, Job Growth 97,000

Unemployment Rate Drops, Job Growth 97,000

Washington, DC, March 9, 2007--The economy created the fewest number of jobs in two years, even as the unemployment rate fell back to 4.5%, the Labor Department reported Friday.