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’s Stoddard in Emergency Refinancing Negotiation

Kilmarnock, Scotland, December 27-- Five hundred jobs in the west of Scotland were put under threat on Christmas Eve when Stoddard International announced that it was in emergency negotiations with its bankers for short-term funding, according to the Time

G.E. Shnier Named Exclusive Canadian Distributor

Toronto, December 22--The G.E. Shnier Co. signed an agreement with Edge Flooring to be the exclusive Canadian distributor of the new Edge Flooring system. The Edge Flooring system will be available in the Canadian market as of January 2005.

Unilin Obtains Canadian Patent

Wielsbeke, Belgium, December 23-–On the 2nd of November 2004, the Canadian Patent Office granted Unilin the Canadian patent CA 2226286. The patent protects a wide range of glue free joints, including the well-known Uniclic system.

November Durable Goods Orders Up 1.5%

Washington, DC, December 23--New orders for durable goods rose a sharper than expected 1.6 percent in November, according to a Commerce Department released on Thursday.

Consumer Sentiment Up in December

Ann Arbor, MI, December 23--Consumer sentiment according to the University of Michigan improved in late December. The university’s consumer sentiment index improved to 97.1 in late December from 95.7 earlier in the month.

Home Depot Realigns Divisions

Atlanta, GA, December 23-- The Atlanta Journal-Constitution has reported that Home Depot is reorganizing its store divisions, following similar moves last year.

Consumer Spending & Income Up in November

Washington, DC, December 23--Consumer spending rose 0.2% in November, according to Commerce Department. In October the category saw an increase of 0.8%, according to revised figures.