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.

Royal Floormats to Close Calhoun Plant

Calhoun, GA, May 4, 2006--Royal Floormats announced that it will close its Calhoun plant by the end of the year, putting 82 people out of work, according to the Calhoun, GA, Times.

Consumers Poised to Spend 50% More Online

New York, NY, May 5, 2006--U.S. consumers have become so comfortable shopping online that they will increase their spending at online retail shops from $877 per consumer in 2005 to $1,512 per consumer by 2009.

Big Retailers See Strong April Sales

New York, NY, May 4, 2006--Retailers posted strong gains in April, as a late Easter and apparel-shopping surge outweighed concerns over gasoline prices and rising interest rates.

Champion Polymer Recycling, Greitzer Get CARE Awar

Pine Mountain, GA - May 05, 2006--Champion Polymer Recycling, a division of Infiltrator Systems, Inc., was honored as Recycler of the Year by the Carpet America Recovery Effort at the organization’s fourth Annual conference at the Southern Pine Conference

Sears Canada Shareholders Dispute Valuation

Chicago, IL, May 4, 2006--Pershing Square Capital Management, the hedge fund that has opposed Sears Holdings Corp.'s C$892 million ($807 million) plan to buy out Sears Canada Ltd, said that the bid significantly undervalues the stock.

Initial Jobless Claims Up 5,000

Washington, DC, May 4, 2006--First-time applications for unemployment benefits drifted higher by 5,000 last week to 322,000, the highest level since Nov. 19, the Labor Department reported Thursday.

Hellenic Rug Expands AmericasMart Showroom

Atlanta, GA, May 3, 2006--Hellenic Rug Imports has expanded its AmericasMart Atlanta showroom to a 6,600 square feet. The company has expanded its AmericasMart facilities annually since 2000.

Clinch Mountain Expands Hardwood Plant

Lebanon, VA, May 3, 2006--Clinch Mountain Finishing & Logistics, a hardwood flooring manufacturer, will expand its Russell County facility, creating 220 jobs, Gov. Timothy M. Kaine announced Tuesday.