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.

Revalued China Currency May Impact U.S.

New York, NY, June 8--Sometimes you must be careful what you wish for. That may end up being the case with the United States' push to get China to revalue its currency.

Sears Reports Loss in First Quarter

Hoffman Estates, June 8—-Sears Holdings posted a loss in its fiscal first quarter. The company said that retail sales tumbled as consumers shunned lawn and garden goods and lightweight apparel because of soggy and chilly weather.

Herman Miller Sees Growth in Technology

Zeeland, MI, June 8--Herman Miller Inc. is outperforming most of its rivals in the office furniture market, but the company is betting that it can grow in areas that have little to do with high-end chairs and tables.

Furniture Brands To Close Plants

St. Louis, MO, June 8-- Furniture Brands International Inc., the nation's largest residential furniture company, said Tuesday that it will cut about 1,250 jobs as it closes four plants in North Carolina and imports more of its goods.

Steuler Focuses on US Market

Mühlacker, Germany, June 8--One of Europe’s leading manufacturers of high-quality, high-design ceramic tile materials, has set its sights on the United States marketplace.

Wholesale Inventories Jump in April

Washington, DC, June 8--Wholesale inventories rose 0.8 percent in April, according to the Commerce Department. Economists had forecast a 0.4 percent increase April inventories.

Survey Shows Looming Shortage of Skilled Labor Wil

Peoria, IL, June 7--The looming shortfall of skilled labor in the U.S. will cost manufacturers an average $50 million from their bottom lines, according to results of a just conducted survey commissioned by Advanced Technology Services.