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.

Corporate Directors May Face Liabilities

New York, NY, June 8, 2006--Corporate directors could find themselves exposed to liability if they fail to keep pace with evolving best practices in enterprise risk management (ERM), according to a major new study released today by The Conference Board.

CEOs See Strength in Business Climate

Washington, DC, June 8, 2006--Business Roundtable’s second quarter 2006 CEO Economic Outlook Survey shows that America’s leading CEOs see continued strength in the economy throughout the next six months.

Wholesale Inventories Off

Washington, DC, June 8, 2006--Wholesale inventories tightened in March and matched the lowest level on record, as sales jumped 1.3% while inventories climbed 0.9%.

Wools of New Zealand Invests in Chromatology

Atlanta, GA, June 8, 2006--“Color science is the key to a successful future”, according to Wes Connelly, North American area manager for Wools of New Zealand, which is precisely why the company has invested in the latest Spectrophotometer from Datacolor.

AmericasMart Roy Award Nominations Begin

ATLANTA, June 2006--Annually during the July Atlanta International Area Rug Market, the nation’s premier area rug retailers are recognized and honored through AmericasMart’s acclaimed Rug Retailer of the Year Awards (ROY Awards).

Chorman Resigns as Foamex CEO

Linwood, PA, June 08, 2006--Thomas E. Chorman, President, CEO and a director of Foamex International, has resigned from the company by mutual agreement with the board, effective immediately. The board has named chairman, Raymond E. Mabus, Jr., interim pre

Initial Jobless Claims Off

Washington, DC, June 8, 2006--Initial claims for unemployment benefits fell last week to 302,000, well below what economists were expecting, the Labor Department reported Thursday.

Nobility Homes 2Q Earnings Up

Ocala, FL, June 8, 2006--Manufactured home producer Nobility Homes reported net income in the second quarter that was up 13% to $1.9 million.

Canada Housing Starts Off

Ottawa, Ontario, June 8, 2006--Canadian housing starts dipped 0.5 percent in May to a seasonally adjusted annualized rate of 216,800 units from a revised 217,900 units in April.