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.

MBA: Cost of Repairing Single-Family Properties in

Washington, DC, February 16, 2006--The cost of repairing the 95,000 properties in New Orleans damaged by flood waters from Hurricane Katrina will total between $8 billion and $10 billion, according to a study released today by the Mortgage Bankers Associa

Penney’s 4Q Earnings Up 65%

Plano, TX, February 16, 2006--J.C. Penney Co., on Thursday posted fourth quarter earnings that rose 65%, helped by more full-priced selling during the key holiday season.

Carpet One to Hold Retail Sales Convention

Manchester, NH, February 15, 2006--Carpet One will hold the first-ever Retail Sales Professional (RSP) Convention this month in conjunction with its bi-annual member convention, to be held in Anaheim, California.

Wellman 4Q Loss Widens

Shrewsbury, NJ, February 15, 2006--Wellman Inc., reported a fourth-quarter net loss of $12.1 million, compared with a net loss of $1.5 million during the same period last year.

Builder Confidence Unchanged In February

Washington, DC, February 15, 2006 - Indicating stabilizing conditions in the nation’s single-family housing market, home builder confidence remained unchanged in February, according to the National Association of Home Builders/Wells Fargo Housing Market I

Senate Blocks Asbestos Fund

Washington, DC, February 15, 2006--The Senate on Tuesday voted to block legislation to create a $140 billion privately-financed fund to compensate asbestos victims, but sponsors vowed they would not let the bill die.

AIA Promotes Sustainability with Eight Communities

Washington, D.C., February 13, 2006--The American Institute of Architects (AIA) Center for Communities by Design has selected New Orleans, and seven other cities to receive technical assistance under the Sustainable Design Assessment Team (SDAT) program i