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.

Existing-Home Sales Down

Washington, Feb. 25--Sales of existing single-family homes were down in January from near-record highs but remain exceptionally strong.

Group Can't Block Sale of Cone Mills

Charlotte, NC, Feb. 25--A committee in the Cone Mills Corp. bankruptcy case failed to meet a midnight deadline to post a $35 million bond that would have stalled the sale of the company to WL Ross & Co.

Oriental Rug Dealer Loves Competition

Birmingham, MI, Feb. 24--When Kamran Karimpour was growing up in Iran, he loved to tag along with his father on trips to the Persian Bazaar to visit the rug merchants.