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.

Back to School Spending Expected to Slide 8%

Washington, DC, July 19--Though clothing, shoes, and school supplies will be strong sellers for the back-to-school season this year, spending in the electronics category will be tempered, according to the findings of a new National Retail Federation surve

Housing Starts Flat in June

Washington, DC, July 19—-Housing starts in June were unchanged at a seasonally adjusted annual rate of 2.004 million, according to a Commerce Department report.

Interface Expands Offering of Environmentally Pref

Atlanta, GA, July 19--Less than two years after becoming the first carpet manufacturer to achieve third-party Environmentally Preferable Product (EPP) certification, Interface Flooring Systems has now received certification for its entire i2™ line of modu

Chain Stores Sales Up Last Week

New York, NY, July 19--Chain store retail sales rose 0.3 percent in the week ended July 16, compared with a 0.1 percent rise the previous week, according to a joint report from the International Council of Shopping Centers and UBS.

Virginia Retailer Fatally Shot

Goochland County, VA, July 19--Jason Carr, the manager of Stone Mountain Carpet Mill Outlet in Goochland County, got to the store before installers arrived.

S&P Cuts Pier 1 Imports Rating

New York, July 19--Standard & Poor's on Monday cut its ratings on Pier 1 Imports to junk status, citing weak operating performance and uncertainty about the success of new marketing efforts.

Increasing Prices Hurting Persian Carpet industry

London, England, July 18--The greatest challenge to the Persian carpet industry is the high prices of hand-woven rugs, which have reduced the national industry’s competition power at the international level.