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.

UK Carpetmaker Hugh Mackay in Administration

Durham, England, March 22--The firm has made carpets for palaces and leading hotels, but now one of the country's leading carpet makers has put its factory in Durham into administration, according to the BBC.

Lennar's 1Q Earnings Up 39%

Miami, FL, March 22—-Homebuilder Lennar Corp. said Tuesday that first-quarter earnings grew 39 percent year-over-year, as pricing power in land-constrained markets drove strong margins.

Producer Prices Up 0.4%

Washington, DC, March 22—-The producer price index rose 0.4 percent in February helped by a jump in energy prices, according to the Labor Department.

Chain Store Sales Up 0.2% Last Week

Washington, DC, March 22—-Chain store sales increased 0.2 percent last week, according to data released Tuesday by the International Council of Shopping Centers and UBS.

UK’s Floors 2 Go Ends Bid Talks

Birmingham, England, March 22--Floors 2 Go has pulled the plug on talks which could have led to a takeover offer, according to the Birmingham Post & Mail.

Flooring Zone Owner Seeks Investors

Ponte Vedra Beach, FL, March 21--It's not easy asking for $20 million, but Jimmy Lee had the best possible setting for his March 16 pitch, according to the Jacksonville Business Journal.