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.

House Passes CAFTA

Washington, DC, July 28--The House narrowly approved a controversial trade agreement with Central America early Thursday, handing President Bush a hard-fought trade victory.

Report: ProSource Adds 13 New Franchises

St. Louis, MO, July 28—-According to Martin Van Der Werf, a columnist at the St. Louis Post-Dispatch, ProSource Wholesale Floorcoverings, a unit of CCA Global Partners, announced 13 new franchise agreements.

Nebraska Furniture to Expand its Kansas City Locat

Kansas City, MO, July, 28--Nebraska Furniture Mart plans a $28 million expansion at its Kansas City, store that will more than double the size of the company’s warehouse, according to the Kansas City Business Journal.

Dow Chemical 2Q Earnings Up

Midland, MI, July 28--Dow Chemical said its earnings nearly doubled in the second quarter as the company improved sales while keeping costs in check.

Georgia-Pacific's 2Q Sales and Earnings Off

Atlanta, GA, July 28—-Georgia-Pacific posted second quarter net earnings that fell to $194 million, or $0.73 a share, compared with $220 million, or $0.84, earned in the year-ago quarter.

Federated to Convert 330 May Stores to Macy's

Cincinnati, July 28--Federated Department Stores, Inc. will add about 330 Macy's locations nationwide in 2006 as it converts regional department store nameplates to be acquired through its pending merger with The May Department Stores Company.

Feltex Earnings Up Before Costs of Exiting Manager

Wellington, New Zealand, July 28--Feltex Carpets Ltd., a New Zealand- based carpet maker that may start merger talks with its biggest rival, said full-year earnings rose as it increased sales and reduced rebates to retailers.

Help-Wanted Ad Index Edges Up

New York, July 28--The Conference Board’s Help-Wanted Advertising Index – a key measure of job offerings in major newspapers across America – inched up in June.