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.

Nardelli Squelches Buyout Rumors

Atlanta, GA, December 4, 2006--Home Depot Chairman and Chief Executive Bob Nardelli squelched rumors that his management team is looking at a $100 billion deal to take the company private, according to the Atlanta Journal-Constitution.

Shaw Launches Carpet Tiles in Main Street Sector

Dalton, GA, December 4, 2006--Long-term value, minimal waste, easier installation and selective replacement are just a few reasons for the success of carpet tile. Carpet tile is one of Shaw’s fastest growing product segments, now the company offering carp

Report: Buyout Firms Eyeing Home Depot

New York, December 1, 2006--According to a New York Post report Thursday, Fort Worth, Texas-based Texas Pacific and New York-based Kohlberg Kravis Roberts & Co. are among the buyout firms considering a buyout deal that could be worth $100 billion.

Construction Spending Off 1.0%

Washington, DC, December 1, 2006--Spending on construction projects dropped by 1.0% in October, as outlays on private residential construction matched a low hit in July 2006, the Commerce Department said Friday.

Shaw Launches the Shaw Green Edge

Dalton, GA, November 29, 2006--Today Shaw launched the Shaw Green Edge, the umbrella term for one of the nation’s most aggressive environmental programs.

ContractWorld Congress at Domotex to Examine Educa

Hannover, Germany, November 28, 2006--ContractWorld Congress, Europe's largest architecture and interior design forum, will take place at Domotex from 13 to 16 January 2007 in Hannover, Germany. The four-day event, which features prominent architects

Consumer Confidence Off for 2nd Straight Month

Washington, DC, November 28, 2006--Uncertainty about the strength of the economy caused the second straight monthly decline in U.S. consumer confidence in November, the Conference Board said Tuesday.

Existing Home Sales Rise in October

Washington, DC, November 28, 2006 --Sales of existing homes held steady with a modest gain last month, another indicator that the housing market is transitioning into a more normal market.

Builder Confidence in Rental Apartments Jumps

Washington, DC, November 28, 2006--With demand on the rise and supply still tight, builder confidence in current rental apartment market conditions jumped in the third quarter of 2006, and their expectations for the next six months are even higher.