Today's Flooring News

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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.

Home Depot Reports Record Earnings

Atlanta, GA, Aug. 19--The Home Depot, the world's largest home improvement retailer, today reported record second quarter net earnings of $1.3 billion ($0.56 per diluted share) for fiscal 2003

Retail Lawyers In Debit Case Seek 18%

New York, NY, Aug. 19--Lawyers for some of the biggest U.S. retailers, who negotiated $3.05 billion in settlements with Visa and MasterCard over debit cards, are requesting 18 percent of the payout as payment, along with more money for expenses, reports s

Builder Confidence Surges

Washington, DC, Aug. 18--Builder confidence in the market for new single-family homes surged in August as home buyers rushed to lock in mortgage rates at attractive levels and signs of improving economic conditions heartened builder expectations for the n

Foamex Closes Refinancing, Increases Liquidity

Linwood, PA, Aug. 19--Foamex International Inc. the leading manufacturer of flexible polyurethane and advanced polymer foam products in North America, today announced that Foamex L.P. has closed a comprehensive refinancing of its bank debt.

Carpet One Names Top Performing Members

Manchester, NH, Aug. 18--Carpet One is pleased to announce the top-selling dealers and industry leaders who were recently recognized at the 2003 Carpet One International Summer Convention held in Orlando.

Weyerhaeuser To Close Two Oregon Plants

Federal Way, WA, Aug. 18--Weyerhaeuser Co. said Friday it will shut down two mills in Oregon and lay off nearly 200 people as a result of poor market conditions and continuing efforts to cut costs.

Shaw Taps MicroStrategy As Business Intelligence R

McLean, VA, Aug. 18--MicroStrategy Inc., a leading worldwide provider of business intelligence software, today announced that Shaw Industries has selected the MicroStrategy Business Intelligence Platform as its enterprise-wide reporting standard.

Carpet One Intros Selectafloor For Tile

Manchester, NH, Aug. 18--Carpet One has created a national merchandising program for tile by extending its Selectafloor system to what has traditionally been a regionalized category.