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.

Federated's Ups Forecast

Cincinnati, CA, February 3, 2006--Federated Department Stores reported a 1% increase in January same-store sales and increased its forecast for the fourth quarter.

Asbestos Bill Backers Set News Conference

Asbestos Bill Backers Set News Conference Washington, DC, February 2, 2006The co-sponsors of legislation to create a $140 billion asbestos injury fund are due to hold a news conference on Thursday as they seek to rally support ahead of a possible U.S. Se

Productivity Off in 4Q

Washington, DC, February 2, 2006--Productivity of the American workplace fell at an annualized rate of 0.6% in the fourth quarter, the first decline since the first quarter of 2001, the Labor Department estimated Friday.

Lowe's to Buy Back Added $1B in Stock

Mooresville, NC, February 2, 2006--Home improvement retailer Lowe's Cos. said Wednesday its board has approved an increase in its current share repurchase program of up to $1 billion.

Pulte's 4Q Earnings Up

Bloomfield Hills, MI, February 2, 2006--Pulte Homes reported fourth-quarter profit rose from the year-ago period driven by strong home deliveries and average selling prices.

Speedheat Intros woodBEwarmer

Atlanta, GA, February 2, 2006--As interest in floor heating continues to warm up in the U.S., progressive flooring retailers are exploring new ways to profitably offer “add on” heating products for

Stanley Furniture 4Q Earnings Up 3%

Stanleytown, VA, February 1, 2006--Stanley Furniture Co., said Monday that its fourth-quarter profit increased 3 percent, beating its own forecast, though sales declined.

Mohawk Opens $70M Spinning Plant

Houston, TX, February 1, 2006--Researched by Industrialinfo.com. Mohawk Industries Incorporated has opened a new $70 million yarn spinning plant.