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.

Martha Gets 5 Months

New York, July 16--Martha Stewart was sentenced today to five months in prison and five months of home confinement, closing another chapter in the legal battle against the domestic doyenne that has its roots in a stock trade made two and a half years ago.

Consumer Sentiment Up in July

Ann Arbor, July 16--Consumer sentiment improved in early July, supported by a relatively healthy jobs market and a fairly optimistic outlook on the world's largest economy, according to a survey released on Friday.

Producer Prices Ease in June

Washington, July 15--Inflation in the production pipeline eased in June as economic activity cooled, validating the Federal Reserve's judgment that it will not need to raise interest rates aggressively this year.

CRI Launches International Flooring Science Resou

Dalton, GA, July 15--The Carpet and Rug Institute (CRI) today announced the launch of the International Flooring Science Resource Center. The website will serve as the home for the new peer reviewed publication the International E-Journal of Flooring Scie

Women Rug Designers Making a Mark

San Francisco, CA, July 15--An emerging set of female rug designers is creating vivid, painterly prints -- turning what's underfoot into unexpected art galleries, according to the San Francisco Chronicle.

Business Inventories Up in May

Washington, July 15--Businesses increased their stockpiles in May, but the inventory growth failed to keep pace with steadily rising demand.

Interceramic Sees Gains in 2nd Quarter

Chihuahua, Mexico, July 15--The second quarter of 2004 saw Interceramic posting significant improvements over second quarter results in 2003, and marking gains over a lackluster first quarter of the year as well.

Lowe's CFO: Plenty of Room to Grow

Boston, MA, July 15-- Because Lowe's Cos. and its largest competitor have just 22% of the home improvement market share, there is plenty of room for the company to grow, Chief Financial Officer Bob Hull said.

Linens 'n Things Cuts Outlook

Clifton, NJ, July 14--Home decor retailer Linens 'n Things Inc. cut its second-quarter profit forecast, mainly hurt by a decline in store traffic in May.