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.

Sears Franchisees Sue Company over Kmart Deal

New York, NY, June 28--In a lawsuit that pits mom and pop store operators against retail behemoth Sears, a group of Sears store owners on Monday sued the chain, claiming its acquisition by Kmart created unfair competition by making its products available

Chain Store Sales Off Last Week

New York, NY, June 28--Chain store retail sales fell in the latest week as the demand for seasonal goods slowed on a week-over-week basis, but the sales pace on a year-over-year basis surged, a retail report said on Tuesday.

Mannington Celebrates 90th Year

Salem, NJ, June 28--Ensconced in marsh grass at the end of a country road, Mannington Mills churns out resilient flooring 24 hours a day, at least five days a week.

Consumer Confidence Up in June

New York, NY, June 28--The Conference Board’s Consumer Confidence Index, which had increased in May, improved further in June.

West Point Stevens Acquired for $703M

West Point, GA, June 27--West Point Stevens has been bought by American Real Estate Holding LP for $703 million, according to a filing with the Securities and Exchange Commission.

Lear to Close Some Plants

Southfield, MI, June 27—-Auto interior company Lear said Monday that will close some plants and combine others as it moves certain manufacturing operations to lower-cost countries to save money in the face of unfavorable conditions in the auto industry.