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.

S&P Cuts Congoleum Ratings

New York, NY, Apr. 5--Standard & Poor's Ratings Services said today it lowered its ratings on vinyl-flooring manufacturer Congoleum Corp. to 'D' and removed them from CreditWatch.

CEOs' Confidence Climbs

New York, NY, Apr. 6--Business confidence surged to a two-decade high in the first quarter, the Conference Board said Monday, confirming other reports showing that firms are increasingly upbeat about the U.S. economy's prospects.

Foamex Hires New Audit Firm

Linwood, PA, Apr. 1--Foamex International Inc. dismissed Deloitte & Touche LLP (DET.XX) as its independent auditor on March 26, according to a Form 8-K filed Friday with the Securities and Exchange Commission.

Robina Buys Classen USA Assets

Kennesaw, GA, Apr. 5--Robina Inc., a subsidiary of the Robina Flooring Company in Malaysia, announces the acquisition of Classen USA’s assets effective April 1st.

Niblock Tapped as Lowe's Next Chairman & CEO

Mooresville, NC, Apr. 5--Lowe's Companies, Inc. announced today an orderly succession plan under which company president Robert A. Niblock has been named chairman and chief executive officer-elect, until the planned retirement of Robert L. Tillman sch

Kohl's Realigns Merchandising Team

Menomonee Falls, WI, Apr. 4--Kohl's Department Stores has outlined key initiatives of its strategic objective to realign its merchandise executive team.

Mohawk Colors of Spring Sale Sale Set

Dalton, GA, Apr. 5--Last Fall, Mohawk Floorscapes and Mohawk ColorCenter stores participated in Mohawk’s first national sales event, “Mohawk Anniversary Month.”