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.

Stoddard Trims Drectors’ Pay

Renfrewshire, Scotland, Jun. 2--Directors at Stoddard International, the troubled Scottish carpet maker, continue to breach corporate governance best practice to protect themselves against a takeover.

Flooring America's Same Store Sales Up for Thi

Manchester, NH, May 25--Flooring America’s ongoing commitment to upgrade and improve its members’ operations with new programs and services has contributed to the co-op’s third consecutive year of same-store sales gains again in 2003.

Nafco Introduces New PermaStone Display

Houston, TX, May 25--In the latest effort to support Nafco by Tarkett’s new PermaStone Modular flooring, the company has introduced a new display for the product, created to educate consumers and help them decide which modular design will look best in the

Wal-Mart Wants Stores Throughout Europe

Brussels, Belgium, May 25--Wal-Mart wants stores in every country in Europe and will consider opening its own outlets as well as making large acquisitions, according to the retail giant's chief executive.

Lowe's Reports Record Earnings

Mooresville, NC, May 17--Lowe's Companies, Inc., today reported net earnings of $455 million for the quarter ended April 30, 2004, an 8.1% increase over the same period a year ago.

Domotex/Asia ChinaFloor 2004 Breaks Records

Shanghai, China, Apr. 8--The sixth edition of the largest international trade fair for floorcoverings in Asia has again proven that growth of the floorcovering industry in Asia, and in China in particular, is booming.