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.

Sailor Wins The Great Stainmaster Carpet Sweepstak

Atlanta, GA, August 10--A U.S. Navy man providing support to U.S. troops in the Iraq war has won the Great Stainmaster Carpet Sweepstakes and has been awarded the grand prize of new, fashionable carpet and related products and services valued at up to $5,

Volume Up At Major Ports, But Congestion Down

Washington, DC, August 10--Inbound container traffic is up at the nation’s major ports, but congestion that plagued the docks last year does not appear to have returned, according to the National Retail Federation’s new monthly Port Tracker report.

Mortgage Applications Off Last Week

New York, NY, August 10--Applications for home mortgages fell last week, its third consecutive drop, as refinancing activity waned and interest rates reached four-month highs, industry group figures showed on Wednesday.

May Department Stores 2Q Earnings Drop

St. Louis, MO, August 9--May Department Stores reported second quarter earnings that fell by nearly half from the year before, hurt by expenses from its planned merger with Federated Department Stores.

Productivity Growth Slows

Washington, DC, August 9--Productivity in the second quarter rose at a 2.2% annual rate, according to the Labor Department.

Chain Store Sales Off Last Week

New York, NY, August 9--Chain store retail sales fell 0.8 percent in the week ended Aug. 6, compared with a 0.9 percent increase the previous week, the International Council of Shopping Centers and UBS said in a joint report.