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.

Double-Digit Profit Growth for U.S. Hotels in 2004

Atlanta, February 28--The typical U.S. hotel achieved an estimated 13.3 percent increase in profits in 2004, and is projected to enjoy another 14.1 percent boost to the bottom-line in 2005, according to the 2005 P&L Forecast published by PKF Hospitality R

RD Weis Expands Into Raised Access Flooring

Port Chester, NY, February 25--RD Weis Companies has formed a partnership with Free Axez USA, an alliance that expands RD Weis' problem-solving capabilities for today¹s office and technology environments.

Revised 4Q GDP Up 3.8%

Washington, DC, February 25--The economy in the fourth quarter grew at an annual rate of 3.8 percent, according to a report from the Commerce Department. The growth was stronger than the 3.1 percent from the estimate a month ago.

Existing-Home Sales Off 0.1% January

Washington, DC, February 25--Existing-home sales, revised with improved methodology, were essentially flat in January but remained at historically high levels, according to the National Association of Realtors.

Oregon Family Opens Retail Business

Newport, OR, Februbery 24--After 25 years experience installing flooring for other companies, Dave Weiss, together with his wife, Donna, and eldest son, Dave, decided it was time to put Dave's knowledge of the flooring business to work in a family-own

British Wool Intros 'Farmer Tom' Spokesman

London, England, February 24--British Wool has introduced a cartoon creation called "Farmer Tom" to highlight the connection between the British sheep farmer and the finished British Wool carpet, according to the Journal.

Dixie Posts 4Q Profit of $5M

Chattanooga, TN, February 24--The Dixie Group reported income from continuing operations of $5,024,000, or $0.40 per diluted share, for the fourth quarter.

California Retailer Expands

Oroville, CA, February 24--When Chico residents Bryan and Ray Hobbs began looking for satellite locations for their successfully expanding floor coverings business Floors by Ray, the natural choice they found for a location was the city of gold.

Labor Department Announces $6M Grant to Eliminate

New Delhi, India, February 24--Deputy Secretary of Labor Steven J. Law Thursday announced a $6 million aid commitment toward a joint project to eliminate hazardous and exploitative child labour in India.