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.

Survey: Workers Wasting Time Costs Billions

Needham, MA, July 20--According to a new survey by America Online and Salary.com, the average worker admits to frittering away 2.09 hours per 8-hour workday, not including lunch and scheduled break-time.

Linens 'n Things Posts 2Q Loss

Clifton, NJ, July 20--Linens 'n Things reported a loss of $5.9 million, or 13 cents per share, for the second quarter ended July 2, compared with a profit of $97,000, or nil per share, a year earlier.

Sears Canada's 2Q Earnings Up

Toronto, Ontario, July 20--Sears Canada Ltd. reported a larger second-quarter profit on Wednesday on higher sales and said it is still evaluating options for its credit card unit and will make a decision in the third quarter.

Specter: No Asbestos Vote Until Fall

Washington, DC, July 20--Senator Arlen Specter, chairman of the Senate Judiciary Committee, said on Wednesday that the asbestos bill, which would create a $140 billion compensation fund, is not expected to come up on the Senate floor before the August rec

ROY Awards Highlight 2005 Summer Atlanta Rug Marke

Atlanta, GA, July 20--The July 2005 Atlanta International Area Rug Market, co-sponsored by the Oriental Rug Retailers of America (ORRA), gave retailers an exciting and unmatched selection of merchandise that only the nation’s largest collection of area ru

Virginia Retailer Fatally Shot

Goochland County, VA, July 19--Jason Carr, the manager of Stone Mountain Carpet Mill Outlet in Goochland County, got to the store before installers arrived.

S&P Cuts Pier 1 Imports Rating

New York, July 19--Standard & Poor's on Monday cut its ratings on Pier 1 Imports to junk status, citing weak operating performance and uncertainty about the success of new marketing efforts.