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.

Target 4Q Earning Up 14%

Minneapolis, MN, February 16, 2006--Target Corp., reported a 14 percent increase in earnings for the fourth-quarter.

Surfing a Staple of Internet Life

Washington, DC, February 16, 2006--More Americans are turning to the internet as a place to hang out. Nearly a third of internet users go online on a typical day for no particular reason, just for fun or to pass the time.

Specter: Asbestos Bill Not Dead

Washington, DC, February 16, 2006--Republican Sen. Arlen Specter said on Wednesday the asbestos compensation bill he is co-sponsoring is "very much alive" and that Senate Majority Leader Bill Frist told him there would be another vote on it.

Weekly Jobless Claims Up 19,000

Washington, DC, February 16, 2006--First-time applications for U.S. unemployment benefits rose by 19,000 to 297,000 in the week ending Feb. 11, the Labor Department said Thursday.

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