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.

Shaw Implements New Retailer Oriented Software

Columbus, OH, December 2-- Shaw Industries has implemented a solution built on the Sterling Commerce Multi-Enterprise Services Architecture (MESA) to support its customers' initiatives to improve bottom-line performance by sharing accurate and timely

Capstone To Fund $7.8 Million for Complete Floorin

New York, December 1--Capstone Business Credit, LLC signed a one-year project financing agreement with Complete Flooring Supply Corporation (CFS), based in Suwannee, GA. The deal represents funding $7,800,000 in accounts receivable over a one-year period

House Price Gains Continue to Accelerate

Washington, D.C., December 3--Average U.S. home prices increased 12.97 percent from the third quarter of 2003 through the third quarter of 2004. Appreciation for the most recent quarter was 4.62 percent, or an nnualized rate of 18.48 percent.

Home Depot & Lowe's Settle Credit Card Suit

Los Angeles, December 2--More than two million people with credit cards from The Home Depot Inc. and Lowe's Companies Inc. could be eligible for $5 rebates under the terms of a court settlement of a lawsuit over the companies' credit card promotio

Solutia Names Winners of Doc Competition

New York, December 2--Solutia honored four design firms and four carpet manufacturers in the annual Doc Competition awards ceremony held in New York City on December 1.

Fed’s Beige Book Shows Signs of Continued Expansio

Washington, DC, December 2--The economy kept expanding from mid-October to mid-November, picking up speed in several regions of the country, according to the Federal Reserve’s Beige Book, which was released Wednesday.

October Construction Spending Flat

Washington, December 2--Construction spending was unexpectedly flat in October, but still at a record high, as gains in public spending offset a decline in residential construction, a government report said Wednesday.

Forbo Sets Subscription Price For Capital Increase

Eglisau, Switzerland—December 2-- Forbo Holding AG said Thursday the share subscription price in the upcoming capital hike will be CHF150 ($132.01) each, less than half of Wednesday's closing price of CHF316.50 ($276.42).