Today's Flooring News

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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.

George W. Buckley Elected 3M Chairman, President &

St. Paul MN, December 7, 2005--3M announced today that George W. Buckley has been elected chairman, president and chief executive officer, effective immediately. He succeeds interim chairman and CEO Robert S. Morrison, who has led the company since July.

Ohio Retailer Opening Superstore

Heath, OH, December 7, 2005 -- Rite Rug hopes to attract a more regional customer base and offer shoppers a wider variety of flooring products when it moves to its new location in Heath, according to the Newark Advocate.

Job Cuts Up 22% in November

Washington, DC, December 7, 2005--Led by sharp cuts in the automotive industry, planned job reductions by major U.S. corporations increased 22% in November to 99,279.

Search Keyword Prices Remain Steady

San Francisco, December 8, 2005--Amid all the talk about rising keyword prices, the Fathom Online Keyword Price Index indicates that November averages were virtually flat.

Factory Orders Up 2.2%

Washington, DC, December 6, 2005--Orders for factory goods increased 2.2% in October, more than reversing a decline in September, the Commerce Department estimated Tuesday.

Building Plastic and Patton Group Named LG Floors

Kenilworth, NJ, December 6, 2005--Innovision Flooring Corp., the U.S. distributor for LG Floors, announces its appointments of Building Plastic, Inc., of Texas, Wynco, New England, and the Patton Group of Northern California.

Sears 3Q Earnings Off on Costs

Hoffman Estates, Il, December 6, 2005--Sears Holdings said fiscal third-quarter profit slid as the costs of Kmart's combination with the Sears, Roebuck and Co., offset a sharp increase in sales.