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.

Carpetright CEO Buys 76,000 Shares

Rainham, England, February 4--British carpet and flooring retailer Carpetright said its founder, chairman and chief executive Lord Harris of Peckham yesterday bought 76,000 of its shares at an average price of 11.046 stg per share.

Bane-Clene Celebrates 43 Years

Indianapolis, IN, February 4—-Bane-Clene is celebrating its 43rd anniversary today. On this date in 1962, Bill Bane, Jr. started a part-time office cleaning business, earning $10.00 by cleaning a local doctor's office.

Fed Ups Rates for 6th Time

Washington, DC, February 3--The Federal Reserve raised interest rates for a sixth straight time, extending a policy of gradually lifting borrowing costs to levels high enough to ward off inflation pressures.

Sears to Move to Nasdaq After K-Mart Merger

Hoffman Estates, IL, February 3--Sears said it will change its listing to the Nasdaq Stock Market after its purchase by Kmart, ending the retailer's nearly 100-year association with the New York Stock Exchange.

January Retail Sales Mostly Solid

New York, NY, February 3—For the most part the nation’s major retailers posted solid gains in January sales. Wal-Mart however reported sales for the month that slightly missed Wall Street's expectations, after results at Sam's Club fell well belo

Tarkett Commercial Inducted into Habitat for Human

Houston, TX, February 3--In recognition of its outstanding commitment to the betterment of low-income housing, Tarkett Commercial has been inducted into the prestigious Habitat for Humanity Cornerstone Council.