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.

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).

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.

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.

Q.E.P. Modifies Loan Agreement

Boca Raton, FL, June 08, 2006--Q.E.P. Co., today announced that effective June 1, 2006, the company entered into a Seventh Amendment and Waiver Agreement to its Second Amended and Restated Loan Agreement dated as of November 14, 2002.

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.

'Extreme Sheep' May Brighten the Future of

Adelaide, Australia, June 8,m 2006--The future of Australia's $3 billion-plus wool industry--and the carpet and rug makers who depend on it--may lie with the ugliest, least-wanted lambs.

Home Depot Defends Bank Purchase

Atlanta, GA, June 7, 2006--Home Depot struck back at comments from a key real estate industry group that its proposed purchase of a small bank could harm competition, saying homeowners have many ways to finance home projects.

Spector Vows to Pursue Asbestos Bill

Washington, DC, June 7, 2006--A senior Senate Republican vowed on Wednesday to press ahead with his legislation for a privately funded $140 billion trust to pay asbestos injury claims.

A Marriage of Business and Marriage

Wall, NJ, June 7, 2006--When it rains and customers stay home rather than shop for new carpet, Kevin Ryan sometimes frets over the dip in business.