Today's Flooring News

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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.

ServiceMaster CEO Resigns

Downers Grove, IL, May 16, 2006--ServiceMaster Co., said that its chairman and chief executive, Jonathan Ward, has resigned.

RugBuddy Named to Metropolitan Home's 'Des

Atlanta, GA, May 16, 2006 -- Metropolitan Home magazine named RugBuddy to their May 2006 annual “Design 100” list -- a “quixotic collage” of interesting and unique people, places and things in the world of design.

Chain Store Sales Unchanged Last Week

New York, NY, May 16, 2006--Chain store sales were unchanged in the latest week as spending ahead of Mother's Day offset cool, wet weather and rising gasoline prices, according to a report on Tuesday.

Wal-Mart 1Q Earnings Up

Bentonville, AR, May 16, 2006--Wal-Mart Stores eported a stronger-than-expected 6.3% increase in first-quarter profit on sales in line with Wall Street's consensus estimate.

Iran Loses Major Share of Carpet Market

Tehran, Iran, May 15, 2006--According to Tehran Times, lack of quality and production control has cost Iran an eighty percent loss in Afghanistan's carpet market, said a textile industry official.

Interface Rallies on Upgrade

New York, NY, May 15, 2006--Interface Inc., shares rallied on Monday, after brokerage Raymond James upgraded its rating on the company, calling a recent sell-off of its shares unjustified.

May Empire State Index Slips

Washington, DC, May 15, 2006--Manufacturing activity in the New York area expanded at a slower pace in May, the New York Federal Reserve Bank said Monday.