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.

Sears Cuts Headquarters Jobs

Hoffman Estates, IL, April 27--Sears has started a major wave of layoffs at its in the wake of last month's merger with Kmart Holding Corp.

Home Depot Leases Warehouse Space in Chicago Area

Atlanta, GA, April 27--Home Depot signed a lease for a new 800,000 square foot distribution center in Bolingbrook, Illinois, according to a report in the Chicago Tribune. The company will now have 3 million square feet of warehouse space under lease in th

Durable Goods Orders Off 2.8%

Washington, DC, April 27--Orders for durable goods in March were off 2.8% in March, the largest drop since September 2002, according to the Commerce Department.

Lanxess Reduces Losses in 2004

Frankfurt, Germany, April 26--Chemical company Lanxess AG announced that it narrowed its net loss last year and said it was preparing a restructuring drive.

Woolrich Debuts Rugs with Sphinx by Oriental Weave

Woolrich, PA, April 26-—Woolrich, Inc., well known for its apparel and other products for outdoor enthusiasts since 1830, is partnering with Sphinx by Oriental Weavers to produce the Woolrich Summerstone Falls collection of area rugs.

US Xpress Reports 1Q Loss

Chattanooga, TN, April 26--U.S. Xpress Enterprises Inc. reported a loss in the first quarter, due largely to a seasonal downturn in demand for freight transport.

Stanley Furniture Earnings Up in 1Q

Stanleytown, VA, April 26--Stanley Furniture Co. Inc. reported an increase in first quarter earnings, helped by higher sales and improved operating efficiencies.