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.

Japanese Imports of Carpet Wool On the Rise

Sydney, Australia, October 8--A moderate upward trend was registered by Japan in its imports of wool carpet imports in the second quarter this year after exceptional volume gains seen in the first quarter, according to Fibre2Fashion.com.

Retailers Report Modest September Gains

New York, October 7-- Consumers spent frugally for a fourth straight month in September, giving major retailers modest gains during the critical back-to-school season.

Survey: CEOs See Slower Economic Growth

Dallas, TX, October 7--Top U.S. executives are pessimistic about next year's economy, citing high oil prices, geopolitical threats and stuttering consumer confidence, according to a survey released on Wednesday.

Chain Stores Up 0.3% Last Week

New York, October 5--Sales rose by 0.3 percent in the week ended October 2, compared with a 0.3 percent decline in the previous week, the International Council of Shopping Centers and UBS said in a joint report.

Godfrey Hirst, Union Dispute to be Heard Today

Victoria, Australia, November 10, 2006--The dispute between carpet company Godfrey Hirst and a union over troubled company Feltex Carpets will go before the Australian Industrial Relations Commission (AIRC) today.

Louisiana Home Depot Gets Hurricane Makeover

Chalmette, LA, August 25, 2006--A year after Hurricane Katrina, retailer Home Depot Inc., is hoping to strengthen construction efforts in the Gulf by reopening a store in one of Louisiana's hardest-hit areas.

Analysts Expect Strong Shopping Season

Orlando, FL, November 16--Consumers are expected to spend with zeal this holiday -- topping last year's comeback season by an estimated 3 percent to 6 percent and sending the two-month holiday tally to a staggering $220 billion.

Kohl's 3Q Earnings Up 19%

Menomonee Falls WI, November 12--Kohl's reported earnings that increased 19 percent in the third quarter, to $143.8 million, or 42 cents a share. The results matched the analysts estimates.