Today's Flooring News

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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.

1Q Productivity Revised Up to 2.9%

Washington, DC, June 2--Productivity in the first quarter was revised up to reflect a 2.9 percent annual growth rate, according to the Labor Department.

ISM: Manufacturing Sector Losing Momentum in May

Tempe, AZ, June 2--Economc activity in the manufacturing sector grew in May for the 24th consecutive month, while the overall economy grew for the 43rd consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On Bus

Retailers Report May Results

New York, June 2—-Some of the nation’s top retailers reported results for May. Wal-Mart confirmed that May sales rose 2.5 percent at its U.S. stores open at least a year, with demand for groceries making up for sluggish sales of summer merchandise.

Electric Aquagenics Launches Antimicrobial Cleanin

Lindon, UT, June 2--Electric Aquagenics Unlimited and its joint venture partner, American MoldGuard, have launched Zero Plus, Inc., a Safe Living Initiative incorporating EAU's Empowered Water as a new cleaning technology for carpet and living surface

World Market Center Adds Leasing Staff

Las Vegas, NV, June 1--With two of the three venues for July’s Las Vegas Market fully leased, and the Las Vegas Convention Center nearly 90 percent full, World Market Center’s leasing team continues to grow to keep up with the demand.

Hovnanian 2Q Earnings Up 50%

Red Bank, NJ, June 1--Luxury home builder Hovnanian Enterprises reported earnings in the second fiscal quarter that rose about 50 percent, driven by higher home prices and greater market penetration.

Sherwin-Williams President Resigns

Cleveland, OH, June 1--Sherwin-Williams's president and chief operating officer, Joseph M. Scaminace, resigned Tuesday after 22 years with the nation's largest paint maker to take the top post at OM Group Inc., a specialty chemical manufacturer.

Lowe's Announces Executive Changes

Mooresville, NC, June 1--Lowe's announced today that senior executive vice president of merchandising/marketing, Dale C. Pond, plans to retire effective June 30.