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.

Carpet One Rolls Out Red Carpet for NCAA Final Fou

St. Louis, MO April 4—-Last week in St. Louis, hundreds of fans welcomed the NCAA Men’s Basketball Final Four teams to the city with banners, cheers and even a red carpet. Children from the local Boys & Girls club rolled out a special red carpet, donated

Iranian Hand-woven Carpet Exports Drop

Tehran, Iran, April 4--Hand-woven carpets worth over $471 million were exported last year (Iranian year, ending March 20, 2005), indicating a 17.7 percent drop compared to the same period last year.

S&P: Retail Sector Seeing Negative Credit Trend

New York, April 4--Credit quality in the retail sector is likely to remain negative for the rest of the year, as mergers and acquisitions and other strategic decisions companies make weigh on their ratings, Standard & Poor's said.

Foamex’s Losses Widen in 4Q

Linwood, PA, April 4--Foamex International Inc. today reported a net loss for the fourth quarter of $15.0 million, or $0.61 per diluted share, compared to a net loss of $3.5 million, or $0.14 per diluted share, in the fourth quarter of 2003.

Epic Opens Warehouse in Dalton

Dalton, GA, April 4--Epic Enterprises, Inc., Southern Pines, NC, announced the March 15 opening of a warehouse in Dalton, Georgia. This facility will allow Epic to better service its many customers in the area with urgent pick-up requirements.

Tricycle Nominated for INDEX: Award

Chattanooga, Tenn., April 4--SIM from Tricycle technology has been nominated for an INDEX: 2005 award by the American Institute of Graphic Arts (AIGA).

828 International Founder Clardy Dies

Greenville, SC, April 4--828 International announced that its president and founder, Jim Clardy, has passed away. Clardy was 50 when he died on April 3 of complications from a heart attack.