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.

Existing-Home Sales Down

Washington, Feb. 25--Sales of existing single-family homes were down in January from near-record highs but remain exceptionally strong.

Group Can't Block Sale of Cone Mills

Charlotte, NC, Feb. 25--A committee in the Cone Mills Corp. bankruptcy case failed to meet a midnight deadline to post a $35 million bond that would have stalled the sale of the company to WL Ross & Co.

Oriental Rug Dealer Loves Competition

Birmingham, MI, Feb. 24--When Kamran Karimpour was growing up in Iran, he loved to tag along with his father on trips to the Persian Bazaar to visit the rug merchants.

Luxury Home Sales Up

Parsippany, NJ, Feb. 23--Coldwell Banker Real Estate Corporation today announced another blockbuster year for the sale of luxury homes valued at $1 million or more.