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.

Shaw Launches the New Couture

Dalton, GA, June 8--Shaw has announced the introduction of Couture...Elegant Floors by Shaw, an updated version of Couture by Sutton.

Consumer Borrowing Growth Slows

Washington, DC, Jun. 8--Consumers slowed the growth of their borrowing in April, taking on even less new debt than analysts expected.

Home Depot Canada Woos the Do-It-For-Me Crowd

Toronto, Ontario, Jun. 8--Home Depot Canada, whose roots are in do-it-yourself home improvement, is boosting its business by chasing the do-it-for-me baby boomer customer who wants more services from the retailer.

Kentucky Wood Floors Acquired by Koetter Woodworki

Borden, IN, Jun. 7--Koetter Woodworking annaunced that it has acquired substantially all of the assets of Kentucky Wood Floors. Kentucky Wood Floors was founded in 1977 and manufactures and markets a broad range of finished and unfinished hardwood floorin

Honeywell Settles Shareholder Suit

Morris Township, NJ, Jun. 4--Honeywell it had reached an agreement to resolve shareholder litigation pending against the company and three former officers relating to the 1999 AlliedSignal/Honeywell merger and financial projections and disclosures during

Federated Upgraded by CS First Boston

New York, NY, Jun. 4--Federated Department Stores Inc. was upgraded by Credit Suisse First Boston to outperform from neutral on expectations of higher sales and profits.

Home Depot to Open Operations in China

Atlanta, GA, Jun. 7--Home Depot is expanding into China with the hope of one day becoming the largest home improvement store chain in Asia and rivaling the success it has had in the United States, company officials said Monday.

Foam Products Sues for Patent Infringment

Calhoun, GA, Jun. 7--Foam Products Corp. announced today that it has filed a patent infringement lawsuit against Healthier Choice Carpet and Cushion, Inc., a supplier of underlayments for floorcoverings.