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.

Nebraska Furniture to Expand its Kansas City Locat

Kansas City, MO, July, 28--Nebraska Furniture Mart plans a $28 million expansion at its Kansas City, store that will more than double the size of the company’s warehouse, according to the Kansas City Business Journal.

Dow Chemical 2Q Earnings Up

Midland, MI, July 28--Dow Chemical said its earnings nearly doubled in the second quarter as the company improved sales while keeping costs in check.

Georgia-Pacific's 2Q Sales and Earnings Off

Atlanta, GA, July 28—-Georgia-Pacific posted second quarter net earnings that fell to $194 million, or $0.73 a share, compared with $220 million, or $0.84, earned in the year-ago quarter.

Federated to Convert 330 May Stores to Macy's

Cincinnati, July 28--Federated Department Stores, Inc. will add about 330 Macy's locations nationwide in 2006 as it converts regional department store nameplates to be acquired through its pending merger with The May Department Stores Company.

Feltex Earnings Up Before Costs of Exiting Manager

Wellington, New Zealand, July 28--Feltex Carpets Ltd., a New Zealand- based carpet maker that may start merger talks with its biggest rival, said full-year earnings rose as it increased sales and reduced rebates to retailers.

Help-Wanted Ad Index Edges Up

New York, July 28--The Conference Board’s Help-Wanted Advertising Index – a key measure of job offerings in major newspapers across America – inched up in June.

StonePeak Signs Agreements with 30+ Distributors

Chicago, IL, July 28--StonePeak Ceramics, Inc., an American tile company that manufactures and markets high-quality porcelain ceramic tile for residential and commercial use, has signed distribution agreements with more than 30 distributors from around th

Beazer 3Q Earnings Up 89%

Atlanta, GA, July 28--Beazer Homes USA reported earnings in the third quarter that rose 89 percent to $112.7 million, or $2.50 per share, compared with $59.7 million, or $1.42 per share, a year before.

Centex 1Q Earnings Up 32%

Dallas TX, July 27--Home builder Centex reported first quarter earnings that rose 32 percent, driven in part by an increase in home closings and selling prices, and it raised its full-year outlook.