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.

Costco Wholesale 2Q Profit Dips

Issaquah, WA, March 2, 2006--Costco Wholesale reported earnings in the decond quarter that were off 3 percent versus the year-ago period which saw a hefty one-time gain.

Cromie Named Group President at ServiceMaster

Downers Grove, IL, March 2, 2006--The ServiceMaster Company announced that Scott J. Cromie has been named group president of ServiceMaster with responsibility for American Home Shield, AmeriSpec, ServiceMaster Clean, Merry Maids, Furniture Medic and newly

Dixie Group CEO Comments

Chattanooga, TN, March 02, 2006--The Dixie Group reported a significant drop in income from continuing operations for the fourth quarter, and here follow the comments of Daniel K. Frierson, chairman and chief executive officer of Dixie Group.

Homebuilder Hovnanian’s 1Q Earnings Flat

Red Bank, NJ, March 2, 2006-- Luxury home builder Hovnanian Enterprises Inc., reported first quarter earnings that were virtually unchanged as permit delays and shortages of material and labor cut into output in several markets.

Manufacturing Activity Up in February

Tempe AZ, March 2, 2006--According to the Institute for Supply Management, factory activity accelerated in February. The ISM index rose to 56.7% in February from 54.8% in January.

CRI Accepting Deep Cleaning Systems for Testing

Dalton, GA, March 2, 2006--Continuing to build on its Seal of Approval signature program for carpet cleaning, the Carpet and Rug Institute (CRI) announced today that it is accepting products for testing under the latest phase of the program.

Major Retailers Show Mixed Bag in February

New York, NY, March 2, 2006—February sales reports from some of the nation’s major retailers showed a mixed bag, with some showing the affects of winter weather doing the month, after an unusually warm January.

AIA: Kitchen and Bath Size Increasing, More Demand

Washington, DC, March 2, 2006--Kitchens have become the focal point of many U.S. households, and as a result homeowners are looking for increased pantry space, have a preference for high-end appliances and features, and a desire for integration with famil

Weekly Jobless Claims Up 15,000

Washington, DC, March 2, 2006--Applications for unemployment benefits rose by 15,000 to 294,000 in the week ending Feb. 25, according to a Labor Department report.