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.

Goldman Sachs Downgrades Home Depot

New York, NY, Sept. 9--Goldman Sachs downgraded Home Depot to "In-Line" from "Outperform" and lowered its view on the hardlines retail sector to "Cautious" from "Neutral".

Judge In Martha Stewart Case Rules--No Leak To Pre

New York, NY, Sept. 9--The U.S. attorney in New York doesn't have to investigate whether the government improperly leaked details of Martha Stewart's indictment before it was publicly announced in June, a federal judge ruled Monday.

Armstrong To Increase Solid Hardwood Prices

Lancaster, PA, Sept. 8--Armstrong has announced it will initiate an average 10% price increase on selected solid hardwood products within its Bruce, Hartco and Robbins brands effective with shipments on November 17.

Forbo Wins Design Award

Westfalen, Germany, Sept. 8--Artoleum, the eco-friendly resilient flooring from Forbo Flooring as received the prestigious ‘red dot’, one of the most coveted design awards in the world.

S&P May Raise Dixie Group's Ratings

New York, NY, Sept. 8--Standard & Poor's Ratings Services said today that it placed its 'B+' corporate credit and 'B-' subordinated debt ratings on The Dixie Group Inc. on CreditWatch with positive implications.

Mohawk Faces Tough Battle Over Officer's Death

Chatsworth, GA, Sept. 8--Mohawk Industries Inc. prides itself on community relations, but the carpet giant is facing bad publicity in a small town where a close-knit family and the police department blame the company for the death of a rookie officer.

Judge Denies Developers' Claim Against Armstro

Lancaster, PA, Sept. 8--The effort by Fairsted's jilted developers to collect $49 million from Armstrong World Industries has come up more than $48 million short, as reported in the Lancaster New Era.

Textile Rally Looking To Gain Support For Trade P

New York, NY, Sept. 4--As they did last month in Greensboro and other areas hit by the rapid drop in U.S. manufacturing, textile interests hope to expand on growing grass-roots support to pressure Washington for new and more protective trade policies, acc

NWFA's Hardwood Maintenance Tips

St. Louis, MO, Sept. 5--In your grandmother's day, caring for a wood floor was a real chore. Today, however, hardwood floors offer busy families a low-maintenance, yet durable and beautiful, flooring alternative.