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.

UK’s Carpetright Earnings Up Despite Laminate Decl

London, England, December 12, 2006--Carpet and flooring retailer Carpetright reported a continuing rise in profits for the first half and said the laminate market appears to have stabilised after a couple of tough years.

Weekly Chain Store Sales up 3.2% From Year Ago

New York, NY, December 12, 2006--Chain store sales rose 3.2% for the week ended Dec. 9, compared to the year-ago period, according to a survey released Tuesday by the International Council of Shopping Centers Inc. and UBS Securities LLC.

International Tile to Launch Tile Studio Facility

Palm City, FL, December 12, 2006--International Wholesale Tile Inc. (IWT), a distributor and merchandiser of ceramic, porcelain and natural stone, floor and wall coverings, opened its brand new tile studio facility in Palm City, Florida last month.

Weyerhaeuser: More Closures May Be Ahead

Federal Way, WA, December 8, 2006--Weyerhaeuser has said that challenging market conditions necessitate further actions, which the company said could include closures, curtailments and restricted operating postures.

Monster Employment Index Up

New York, NY, December 7, 2006--The Monster Employment Index rose three points to a level of 175 in November, demonstrating stepped-up U.S. online recruitment activity as employers increased their year-end and holiday season hiring efforts.

Surya to Relocate Corporate Offices to AmericasMar

Atlanta, GA, December 7, 2006--Surya Rugs, Inc, manufacturer of handmade area rugs, has expanded its AmericasMart showroom to 6,000 square feet of AmericasMart. Surya’s expansion continues the sixth floor’s growth momentum.

Mortgage Rates Fall, Applications Rise

Washington, DC, December 6, 2006--The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending December 1.

ISM Non-Manufacturing Index Up

Tempe, AZ, December 5, 2006--Business activity in the non-manufacturing sector increased at a faster rate in November 2006, say the nation's purchasing and supply executives in the latest Non-Manufacturing ISM Report On Business.