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.

Sale Of Burlington Likely This Month

Charlotte, NC, July 9--Five months after legendary investor Warren Buffett flirted with buying Burlington Industries Inc., the Greensboro-based textile giant is on the verge of being sold, according to the Charlotte Observer.

Economists Forecast A Second Half Rebound

New York, NY, July 7--Massive fiscal stimulus, in the form of tax cuts, and improving business profits should lead to a long awaited economic rebound in the second half of the year, according to 54 economists surveyed by The Wall Street Journal.

UK Carpet Expert Dies

Kidderminster, UK, July 2-- Derek Woodward, former vice-chairman of Brintons, Kidderminster, and one of the longest-serving directors in the town's carpet industry, has died at the age of 90 according to the Express and Star.

Dow CEO Talks Sustainability

Midland, MI, July 2--Dow Chemical Company's president and CEO, Bill Stavropoulos discussed the company's commitment to sustainable development and his views on the subject this morning.

Quarterly Earnings Off at Furniture Companies

Charlotte, July 2--Earnings for the largest U.S. residential furniture companies declined in the most recent quarter from a year earlier as manufacturers took downtime in the face of weak orders.

Sphinx to Intro New Machine and Handmades in Atlan

Dalton, July 2--Sphinx by Oriental Weavers will introduce nine new collections at the Atlanta Rug Market this month. Sphinx showcases modern color combinations and attention to detail in each rug, adding new dimensions to existing Sphinx collections.