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.

Customer Loyalty Study Pinpoints Service

Indianapolis, IN, Oct. 28--A national customer loyalty study by Indianapolis-based Walker Information has found that while 90 percent of consumers say they are satisfied with their retail store, fewer than half are truly loyal to that store.

Group Wants Pillowtex Plant

Kannapolis, NC, Oct 27--An investment group led by a Rowan County businessman plans to buy the vacant Pillowtex Plant 4 on South Main Street and may buy the company's shuttered Rockwell plant.

Price Threatens Fabric of Cotton Industry

New York, Oct. 27--The price of underwear or sheets might not be going up anytime soon, but world cotton prices -- at their highest in five years -- may be sounding the death knell for the U.S. textile industry, experts say.

Freddie Mac Under Fire

Washington, D.C., Oct. 27--Recent accounting and management issues at Freddie Mac have triggered an opportunistic onslaught against the housing government sponsored enterprises (GSEs) that not only ignores the will of the people and the intent of decades

Copies fuel slump in Persian carpets

Tehran, Iran, Oct. 27--Iran's painstakingly woven carpets are surrendering their global marketshare to foreign copies from the likes of India and China, a trend fomenting discontent among Tehran's politically powerful market traders, according to

Surfaces To Host Town Hall Meeting

Dallas, TX, Oct. 24--In addition to all the other new programs at Surfaces that help attendees improve their businesses and increase their bottom line, Surfaces 2004 offers a first-ever opportunity for these floor covering professionals to “Come and Be He

Solutia Posts 3rd Quarter Loss

St. Louis, MO, Oct. 24--Solutia reported a third-quarter loss, due to higher energy costs, an extended maintenance shutdown at a Texas plant and a range of charges.

Minor Fire At Interface Plant

LaGrange, GA, Oct. 24--An estimated 150 employees were evacuated yesterday morning from an Interface Flooring Systems manufacturing plant in La Grange, GA, due to a minor fire. There were no injuries and production will not be affected.