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 to Sell 9 Store Locations

Cincinnati, OH, May 24, 2006--Federated Department Stores will sell nine department store locations in six states to General Growth Properties Inc., as it continues to rid itself of duplicate stores gained in last year's acquisition of the May Departm

Williams-Sonoma 1Q Earnings Off

San Francisco, CA, May 24, 2006--Upscale home-decor retailer Williams-Sonoma Inc. on Wednesday said quarterly profit fell, after charges related to closing its Hold Everything storage-goods stores and stock option expenses.

Solutia to Sell Pharmaceutical Services

St. Louis, MO, May 24, 2006--Solutia Inc., today announced that its subsidiary, Solutia Europe SA/NV, has reached a definitive agreement to sell its Pharmaceutical Services business.

Mortgage Application Volume Declines

Washington, DC, May 24, 2006--The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending May 19, and it shows a 6 percent decline.

Tricycle to Launch Reverb at Neocon

Chicago, IL, May 24, 2006--At the NeoCon World's Trade Fair next month, Tricycle will launch Reverb, an anthology of essays by eco-consultants, leading commercial designers and industry editors.

Beaulieu to Require CRI Seal on Cleaning Products

Dalton, GA, May 24, 2006--Effective January 1, 2007, Beaulieu of America will amend its product warranty statement to insure proper cleaning solutions and procedures are used in maintaining their products.

New Home Sales Up in April

Washington, DC, May 24, 2006--Sales of new homes surprised economists and stayed strong in April, the Commerce Department reported Wednesday.

Bentley Prince Street on IDCE "Path"

Los Angeles, CA, May 23, 2006--Bentley Prince Street announced that it will be included in the International Design Center for the Environment’s (IDCE) benchmark for a manufacturing firm on the path to sustainability. 

Ryland Trims 2006 Earnings Guidance

Calabasas, CA, May 24, 2006--Home builder Ryland Group Inc., on Wednesday cut its 2006 earnings forecast as its second-quarter home sales are running 35 percent lower than a year earlier.