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.

Overdue Credit Card Bills Reach New High

Washington, DC, Jan. 7--The percentage of customers who were late on their credit card bills hit a record high in the third quarter of 2003, according to the American Bankers Association.

Home Depot Adds To Its Builder Dealer Network

Atlanta, GA, Jan. 6--The Home Depot confirmed it has completed the purchase of Creative Touch Interiors (CTI), a leading turnkey design center provider for major homebuilders in Southern California and Las Vegas.

Q.E.P. Getting Orders For Its New Line

Boca Raton, FL, Jan. 6--Q.E.P. Co., Inc.'s newest product line, Fresh, has received initial orders from a large hardgoods retailer with approximately 450 stores in Canada.

Home Depot Faces Key Year

Atlanta, GA, Jan. 6--Home Depot hammered out a stellar 2003, with its stock price soaring, earnings showing healthy growth and new store openings continuing apace, according to the Atlanta Journal-Constitution.

Construction Spending Up

Washington, DC, Jan. 5--Construction spending boomed more than expected in November to a fresh record high, a government report showed on Monday as persistently low mortgage interest rates spurred an unprecedented rate of building.