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.

S&P: Macy's Conversions Create Risks for Feder

Department Stores' aggressive timeline for converting its recently acquired May's department stores into Macy's could create opportunities for competitors to gain market share.

Chicago PMI Up Again

Chicago, IL, May 31, 2006--Business activity expanded in the Chicago region for the 37th consecutive month in May, the National Association of Purchasing Managers-Chicago said Wednesday.

Orlando, FL, May 31, 2006—Laticrete International celebrated its 50th anniversary as a producer of innovative tile and stone installation systems in grand style during Coverings 2006 in Orlando, Florida.

Hardwood Pro Named Green River Distributor of the

Great Barrington, MA. May 31, 2006--Green River, manufacturer of premium hardwood flooring, recently announced that Hardwood Pro has been selected as its “2005 Distributor of the Year.”

Delaware Retailer Wins Small Business Award

Dover, DL, May 30, 2006--Dmitar Sijan is living the American dream. The 42-year-old Yugoslavia native came to the United States in 1991 to escape the war in his home country.

Mortgage Application Volume Declines in Latest Sur

Washington, DC, May 31, 2006--The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending May 26.

Hovnanian 2Q Earnings Off

Red Bank, NJ, May 31, 2006—Home builder Hovnanian Enterprises reported earnings for its fiscal second quarter that fell 2.3% from the year-earlier period.

Costco’s 3Q Earnings Up

Issaquah, WA, May 31, 2006--Costco Wholesale Corp., reported third-quarter earnings that were up 12.3 percent, aided by higher sales and membership fees.

Mid East's Hospitality Boom Fuels Carpet Deman

Dubai, United Arab Emirates, May 31, 2006--The Middle East's hospitality sector boom, which industry experts predict will see some US $15 billion invested in up to 2,000 new hotels throughout the region in the coming five years.

Berry Floor & B&Q Get Favorable Patent Ruling

Waregem, Belgium, May 31, 2006--The London Patents County Court has recently ruled in favour of Berry Floor and its customer B&Q in the courtcase that Unilin had started back in 2002 in the UK for patent infringement.