Today's Flooring News

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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.

Retailers Report Slow Sales Growth

New York NY, July 11--Several major retailers, including J.C. Penney Co. and Target Corp., shaved their second quarter earnings outlook, as they reported slow sales growth in June, their second most important month.

Warren Buffett Lunch Goes For $250,000

San Francisco, CA, July 11--A bidder at an auction conducted in San Francisco Thursday night and on auctioneer eBay's Web site agreed to pay $250,000 to lunch with Warren Buffett, the world's second richest man.

Texas Home Builder Expands

Arlington, TX, July 11--Steve Wall, President and CEO of Choice Homes, one of the top 20 builders in the United States, announced Choice's expansion into New Braunfels, TX with the opening of North Park Meadows.

New Process Could Make Cotton Carpet Flame Proof

New Orleans, LA, July 11--Demand for cotton-based carpeting and rugs, a $10 billion market dominated by synthetic fibers such as nylon, polypropylene and polyester, could improve because of a new flame-retarding treatment...

Trust Fund For Asbestos Criticized

Washington, DC, July 10--Eleven companies that are negotiating some of the largest potential asbestos-exposure payouts to victims, would pay $15 billion less under an alternative plan in Congress to create a trust fund, according to a study by some victim

FloorExpo Launches Multi Family Solutions

Marietta, GA, July 10--FloorExpo has announced the formation of Multi-Family Solutions, a brand which will be utilized under the FloorExpo umbrella to specifically target the multi family flooring market through a new division.