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.

Retail Sales Up 0.9% in December

Washington, DC, January 12, 2007--Retail sales increased 0.9% in December, the best gain in five months, according to the Commerce Department. Auto sales rose 0.3% in December. Excluding car sales, seasonally adjusted retail sales rose 1.0% in December. T

Unilin Files Suits Against Balterio

Wielsbeke, Belgium, January 11, 2007--Unilin has filed a patent infringement suit against companies of the Balterio group before the Patent County Court in London.

CEO Confidence Up Moderately

New York, NY, January 10, 2007--The Chief Executives' Confidence Measure, which had fallen to 44 in the third quarter of 2006, improved to 50 in the final quarter of 2006, The Conference Board reports in its latest survey of CEOs.

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.