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.

Milliken Named Top 100 Places To Work

Spartanburg, SC, January 9, 2007--Fortune magazine has once again ranked Milliken & Company on the tenth annual “100 Best Companies to Work For” list, coming in at #93. Milliken also ranked #36 on the Best Medium-Sized Company list.

Consumer Credit Rises 6.23%

Washington, DC, January 8, 2007--Consumer credit rose by a 6.23 percent annual rate, or $12.33 billion in November to $2.390 trillion, according to a Federal Reserve report.

Foamex Begins Rights Offering

Linwood, PA, January 4, 2007--Foamex said it has begun its previously announced equity rights offering. The rights offering is being conducted to raise the equity funding necessary for the company to consummate its chapter 11 plan of reorganization.

Bud Jennings Carpet One Sells to Weber

Lawrence, KS, January 3, 2007--A family-owned floor coverings business is in new hands this year, freeing its biggest booster to take his knowledge and experience nationwide

Personal Income and Spending Up

Washington, DC, December 22, 2006--Personal spending rose in November at the fastest pace in four months as incomes increased and retailers offered discounts to lure holiday shoppers.

Durable Goods Up 1.9% in November

Washington, DC, December 22, 2006--Orders for durable goods increased in November even as demand for business equipment waned for a second month.

StarNet Names New President and CEO

Ridgefield, CT, December 18, 2006--The board of directors of StarNet Commercial Flooring Cooperative, the largest member-owned cooperative of independent, commercial floor covering contractors in North America, has appointed Jeanne Matson as its new presi

Lowe's Names Stone President and COO

Mooresville, NC, December 15, 2006--Lowe's has named Larry D. Stone to the post of president and chief operating officer, effective immediately. Stone will continue to report to Chairman and CEO Robert A. Niblock, who served as president since 2003.

Consumer Prices Flat in November

Washingon, DC, December 15, 2006--Consumer prices were unchanged in November, as lower energy and car prices offset increases in costs for homeownership and medical care, the Labor Department reported Friday.