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.

Canadian Retail Sales Off 1.3%

Ottawa, Ontario, July 22—-Retail sales in Canada were off 1.3 percent in May, according to Statistics Canada. The drop was the result, to a great extent, of weak automobile sales.

Sherwin-Williams 2Q Earnings Up 21%

Cleveland, OH, July 22--Sherwin-Williams posted a 21% increase in second-quarter earnings, reflecting same-store sales, acquisitions, and improvements in the auto-finishing business.

Weyerhaeuser Q2 Earnings Up 14%

Federal Way, WA, July 21--Weyerhaeuser reported second-quarter profit rose 14 percent, helped by a gain on the sale of its British Columbia operations, but forecast lower third-quarter earnings due to seasonal shutdowns.

RoomStore Bids for 50 Rhodes Stores

Richmond, VA, July 21--RoomStore, which emerged from bankruptcy court protection last month, bid this week to buy 50 of the 65 stores operated by Atlanta-based Rhodes for $38.8 million.