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.

2004 Bankruptcy Filings Down

Alexandria, VA, December 6--The total number of bankruptcies filed in federal courts declined 2.6 percent in the 12-month period ending September 30, 2004, according to data released today by the Administrative Office of the U.S. Courts.

Employers Add 112,000 Jobs in October, Unemploymen

Washington, DC. December 3--Employers added 112,000 workers in November, less than the 200,000 that economists has expected, but the jobless rate dropped to 5.4 percent from 5.5 percent, according to the Labor Department.

Wal-Mart Launches Ad Blitz

Bentonville, AR , December 3--Wal-Mart, stung by a lackluster start to the holiday shopping season, said Thursday it is launching a new advertising campaign to remind its customers of its low prices.

Three Former Kmart Executives Charged with Fraud

Washington, DC, December 3--Three former Kmart executives and representatives of several major vendors were charged on Thursday with fraudulently accounting for $24 million of profit before the retailer filed for bankruptcy in 2002.

CRI Working In a Collaboration with NASA

Atlanta, GA, December 2-- After years of working together to enhance a hand held chemical analyzer, NASA and KeyMaster Technologies have created a device that can both function as a quality control tool for parts destined for the Space Shuttle and help le

Wools of New Zealand to Tout Greenness of Wool at

Atlanta, GA, December 2--As the largest dedicated space in the Sands Expo Center, the Wools of New Zealand area makes a tremendous fashion statement with 38 Brand partners exhibiting the industry’s most innovative carpets and rugs utilizing the latest woo

Shaw Implements New Retailer Oriented Software

Columbus, OH, December 2-- Shaw Industries has implemented a solution built on the Sterling Commerce Multi-Enterprise Services Architecture (MESA) to support its customers' initiatives to improve bottom-line performance by sharing accurate and timely

Capstone To Fund $7.8 Million for Complete Floorin

New York, December 1--Capstone Business Credit, LLC signed a one-year project financing agreement with Complete Flooring Supply Corporation (CFS), based in Suwannee, GA. The deal represents funding $7,800,000 in accounts receivable over a one-year period