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.

Dubai’s Merinos Carpet to Expand Globally

Dubai, United Arab Emeritus, May 16--Merinos Carpet has announced that it would be expanding its presence across the globe with the launch of a comprehensive international franchise program.

Inventories Up 0.4% in March

Washington, DC, May 13—-Business inventories rose 0.4% in March, below expectations and slower than the 0.7% increase in sales.

Consumer Sentiment Off in May

Ann Arbor, MI, May 13--Consumer sentiment as measured by the University of Michigan's preliminary index dropped unexpectedly to 85.3 in May from 87.7 in April.

Foamex Posts $10.9M Loss in 1Q

Linwood, PA, May 13--Foamex International reported a net loss in the first quarter of 2005 of $10.9 million, or $0.44 per diluted share.