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.

Chinese Timber Group Denies Smuggling Allegations

Beijing, China, February, 22--A Chinese timber distribution official on Tuesday rejected a report by overseas environmental groups that claims to expose the rampant smuggling of illegally-logged hardwood from Indonesia to China, according to Kyodo News.

FiberFloor Wins Woman's Day First HR Awards

Whitehall, PA, February 22--Tarkett Residential was named Best New Flooring by Woman’s Day Special Interest Publications’ Woman’s Day Home Remodeling & Makeovers in their first annual "Best New Product Awards."

Indonesian Police Arrest Illegal Loggers

Jakarta, Indonesia, February 22—-Police from the province of Papua have captured three suspects along with a barge full of smuggled timber in the Naramasa waters near Manokwari, according to the Jakarta Post.

NYT: May Suspends CEO Search

New York, NY, February 22--According to a report in the New York Times, May Department Stores said it has suspended its search for a new chief executive officer as merger talks with Federated Department Stores advanced.

Stoddard Closes its Doors

Kilmarnock, Scotland, February 22--Production at a historic Scottish carpet maker is to end after receivers conceded defeat yesterday in their attempts to find a buyer, according to the Guardian.

Carpet One Names Mannington 'Partner of the Ye

Salem, NJ, February 22--This month at the Carpet One 20th Anniversary Winter Convention in Dallas, Mannington was named the organization’s Partner of the Year. Voted on by over 1,000 Carpet One members, this first-ever award recognizes the outstanding an

Federated's 4Q EPS Beats Expectations

Cincinnati, OH, February 22--Federated Department posted a quarterly profit at the high end of its expectations despite a slow start to the holiday shopping season.

Cleveland Fed President Discounts Link of PPI to C

Milan, Italy, February 21--There is little direct link where a rise in producer prices leads to upward pressure on consumer prices, Federal Reserve Bank of Cleveland President Sandra Pianalto said on Monday.