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.

Federated Names Anne MacDonald Chief Marketing Off

Cincinnati, OH, February 21, 2006--Federated Department Stores today announced that Anne MacDonald will join the company as its chief marketing officer and president of the Macy's corporate marketing division.

New Mat Said to Stop 80% of Household Dirt

Newport, MI, February 21, 2006--One of life's constant struggles -- keeping carpets, rugs and floors clean -- may now be a thing of the past thanks to an innovative new floor mat system that keeps the dirt outside.

Raftery Named DFS Commercial President

Foster City, CA, February 21, 2006--Commercial flooring products and services company DFS Commercial, Inc., announced the appointment of Tim Raftery as president.

Leading Indicators Up Sharply in January

New York NY, February 21, 2006--The Conference Board announced today that the U.S. leading index increased 1.1 percent, the coincident index increased 0.2 percent and the lagging index increased 0.7 percent in January.

Tennant’s Q4 Earnings Up

Minneapolis, MN, February 21, 2006--Tennant Company reported net earnings of $6.4 million, or $0.70 per diluted share, on net sales of $152 million for its fourth quarter ended December 31, 2005.

Manpower Sees Employee Talent Shortage

Zurich, Switzerland, February 21, 2006--Employers are having difficulty finding the right people to fill jobs despite high unemployment in Europe and the United States, a survey by U.S.-based staffing firm Manpower showed on Tuesday.

Federated 4Q Earnings Up

Cincinnati, OH, February 21, 2006--Federated Department Stores reported fourth-quarter net earnings were up 59 percent, aided by the acquisition of May Department Stores.

Wal-Mart 4Q Earnings Rise 13.4%

Bentonville, AR, February 21, 2006-- Wal-Mart posted higher quarterly profit as an aggressive holiday advertising campaign drove demand for laptop computers and gift cards in the biggest shopping period of the year.

USGBC Partners on New Standard

Washington, DC, February 20, 2006--The U.S. Green Building Council (USGBC) will partner with two national construction associations to create new green-building standards.

Feltex IH Earnings Drop

Wellington, New Zealand -- Troubled carpet maker Feltex has reported a drop in first-half profit of nearly 200 per cent, but was cautiously optimistic about its outlook following a drastic restructure.