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.

IICRC to Host S500 Standard Workshops

Vancouver, WA, July 6, 2006--The Institute for Inspection, Cleaning and Restoration Certification (IICRC) today announced that it will host a series of one-day workshops across the United States.

Wal-Mart Same-Store Sales Up 1.2%

Bentonville, AR, July 6, 2006--Wal-Mart said Thursday that total U.S. same-store sales rose 1.2 percent for the month of June, short of Wall Street expectations for a 2 percent.

Godfrey Hirst May Be Looking at Feltex, Again

South Geelong, July 5, 2006-- Australian rival Godfrey Hirst may yet come to Feltex's rescue if the struggling carpet-maker is honest about its prospects, according to a source close to the Australian company.

Factory Orders Up in May

Washington, DC, July 5, 2006--Orders for factory goods rose 0.7% in May, the Commerce Department estimated Wednesday.

Construction Spending Off in May

Washington, DC, July 3, 2006—Construction spending were off 0.4% in May, the biggest decline since September 2004, according to the Commerce Department estimated Monday.

Feltex Under Fire Over Silence

Wellington, New Zealand, June 30, 2006--Feltex's board is under fire for keeping shareholders in the dark as they await news on a potential lifeline for the troubled carpet maker that is likely to dilute their stakes.

Higher Monthly Costs a Barrier to Homeownership

Washington, DC, June 27, 2006--One out of three Americans worries that rising monthly payments--especially property taxes and energy costs--will force them to sell their home and buy a less expensive one.