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.

Homebuilder Levitt Plans Acquisitions

Fort Lauderdale, FL August 19--Levitt Corp., parent of the company that built Levittown developments for U.S. soldiers returning from World War II, wants to acquire other home builders to expand its geographic reach.

Kohl's Outlines Growth Plans

Menomonee Falls, August 19--Kohl's is looking to nearly double its store count in an expansion move that management anticipates will ring up sales of $24 billion in the next five years.

Home Depot Increases Buyback By $1B

Atlanta, GA, August 19--Home Depot declared a second quarter cash dividend of $0.10 per share. The compnay’s board also authorized an additional $1 billion to repurchase outstanding shares, bringing the total authorized share repurchase program to $11 bil

W.F. Taylor Awarded GreenGuard Certification

Atlanta, GA, August 18--The GreenGuard Environmental Institute awarded GreenGuard Indoor Air Quality Certification to W.F. Taylor's Meta-Tec Adhesive Solutions and Envirotec Healthguard Adhesives.

Pergo Changes Option Program

Trelleborg, Sweden, August 18--At the Annual General Meeting on April 17, 2005, Pergo decided to implement a performance-related stock option program, according to which a total of 2,700,000 stock options should be allotted free of charge to approximately

Leading Indicators Rise 0.1% in July

Washington, DC, August 18--Leading indicators of economic activity increased 0.1% in July, suggesting "moderate growth into the fall," according to the Conference Board.

Pakistan Hand-knotted Carpets Exhibition Set for A

Karachi, Pakistan, August 18--Pakistan Carpet Manufacturers and Exports Association (PCMEA) Chairman Abdul Ghafoor Sajid said the regional hand-knotted carpets exhibition will be held at the Karachi Expo Centre from August 28-30.