Today's Flooring News

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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.

ServiceMaster CEO Resigns

Downers Grove, IL, May 16, 2006--ServiceMaster Co., said that its chairman and chief executive, Jonathan Ward, has resigned.

Wal-Mart 1Q Earnings Up

Bentonville, AR, May 16, 2006--Wal-Mart Stores eported a stronger-than-expected 6.3% increase in first-quarter profit on sales in line with Wall Street's consensus estimate.

RugBuddy Named to Metropolitan Home's 'Des

Atlanta, GA, May 16, 2006 -- Metropolitan Home magazine named RugBuddy to their May 2006 annual “Design 100” list -- a “quixotic collage” of interesting and unique people, places and things in the world of design.

Federated Raises 2Q Outlook

Cincinnati, OH, May 16, 2006--Federated Department Stores raised its second-quarter financial forecast by $0.33 per share, due to a favorable tax settlement with the Internal Revenue Service.

Housing Starts Off in April

Washington, DC, May 16, 2006--Housing starts fell 7.4% in April to a seasonally adjusted 1.85 million annualized units, according to the Commerce Department.

Dixie Cranks Up New Plant

Eton, GA, May 15, 2005--According to a the Chattanooga Times, the problem Dan Frierson had a year ago was one any CEO would envy--his carpet company, The Dixie Group, had too much business.

Domotex Middle East Sells Out

Dubai, United Arab Emirates, May 15, 2006--Domotex, Middle East, the specialist carpets and flooring trade show due to debut in Dubai this May, has sold out within just months of its launch.