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.

Recipients of 2006 AIA/HUD Awards

Washington, DC, May 17, 2006--The American Institute of Architects announced the recipients of the 2006 AIA/HUD Secretary's Housing and Community Design Awards.

Armstrong Wins Four Adex Awards

Lancaster, PA, May 16, 2000--Armstrong Residential and Commercial Floor Products were awarded four Awards for Design Excellence (ADEX), including two Platinum and two Gold, for products spanning excellence in resilient and laminate designs.

Saks 1Q Earnings Up on One-Time Gain

Birmingham, AL, May 16, 2006--Saks Inc. reported net income in the first quarter that rose to $81.5 million, or $0.60 per share, from $16.2 million, or $0.11 per share, a year ago.

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.

Chain Store Sales Unchanged Last Week

New York, NY, May 16, 2006--Chain store sales were unchanged in the latest week as spending ahead of Mother's Day offset cool, wet weather and rising gasoline prices, according to a report on Tuesday.

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.

Builder Confidence Declines In May

Washington, DC, May 16, 2006--Rising mortgage rates, deepening affordability issues and the retreat of investors/speculators from the marketplace are prompting single-family home builders to further adjust their perspectives on the new-home market.