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.

Wholesale Inventories Inch Up 0.1% in May

Washington, DC, July 8—Wholesale inventories inched up 0.1 in May, while wholesale sales during the month were flat, according to the Commerce Department.

Collins & Aikman Names New Chairman

Troy, MI, July 8—Auto interior and carpet company Collins & Aikman has today that it has established a new team of professionals to lead the company through the next phase of its restructuring process.

June Unemployment Drops to 4-Year Low, 146,000 Job

Washington, DC, July 8--The unemployment rate in June dropped to a 4-year low of 5% from of 5.1 percent in May as the economy produced 146,000 new jobs, according to a report from the Labor Department.

Fleetwood Posts Loss, To Sell Retail Business to C

Riverside, CA, July 8--Manufactured housing maker Fleetwood Enterprises Inc. reported a loss for the fourth quarter and the full year.

Tarkett Commercial Launches Ad Campaign

Houston, TX, July 8--Tarkett Commercial recently launched a new advertising campaign to promote the new colors and designs for NAFCO PermaStone Modular flooring.

World Market Center Secures $225M in Financing for

Las Vegas, NV, July 8--Officials with World Market Center Las Vegas, along with New York-based Ackman-Ziff Real Estate Group LLC, have announced that WMC has obtained $225 million in permanent financing from Bear Stearns Commercial Mortgage, to take out

Home Depot Buys 3 Atlanta Area Office Buildings

Atlanta, GA, July 8--Home Depot has purchased three office buildings, for a total of 200,000 square feet, near the company’s Atlanta area headquarters, according to the Atlanta Journal-Constitution.

D.R. Horton 3Q Orders Up 29%

Fort Worth, TX, July 8--D.R. Horton Inc., the nation's largest homebuilder by units, said Thursday that third-quarter sales orders rose 29 percent on double-digit increases across all of its markets.

Costco Same-Store Sales Up 9%

Issaquah, WA, July 7--Costco reported a 9 percent increase in June same-store-sales, helped by international results and the timing of the July 4 weekend.

Haverty Furniture June Sales Rise

Atlanta, GA, July 7—Haverty Furniture said its June sales increased 1.6% to $65.5 million, compared with $64.5 million in June 2004.