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.

NRI Industries and Mer-Krete Form Alliance

Toronto, Ontario, Canada, July 19, 2006--With 114 years of experience between them, it’s safe to say NRI Industries and Mer-Krete Systems have their fingers on the pulse of their respective industries.

Stanley Furniture 2Q Earnings Drop

Stanleytown, VA, July 18, 2006--Stanley Furniture reported second-quarter earnings that dropped 32 percent due to sluggish sales and projected continued declines for the rest of the year.

NRF: Consumer Spending Cooling

Washington, DC, July 18, 2006--According to the National Retail Federation (NRF), retail industry sales for June (which exclude automobiles, gas stations, and restaurants) rose 6.7 percent over last year and increased 0.2 percent seasonally adjusted over

World's Oldest Carpet Shown in a London Galler

London, England, July 18, 2006--Prince Charles will open the Jameel Gallery of Islamic Art at the Victoria and Albert Museum on Tuesday, and the world's oldest dated carpet, and one of the largest, will be among the highlights.

Ethan Allen Affirms Earnings Guidance

Danbury, CT, July 12, 2006--Ethan Allen Interiors reaffirmed its fourth-quarter and full-year earnings guidance and said annual sales topped $1 billion for the first time.

Service Sector Expansion Growth Slows

Tempe, AZ, July 6, 2006--The service sector of the economy expanded in June, but at a slower pace than in May, according to a monthly survey of supply managers released Thursday.

Feltex Loses Investment Suitor

Wellington, New Zealand, July 5, 2006--An unidentified investor, believed to be Talley's Fisheries, has pulled out of a deal to recapitalize struggling carpet maker Feltex.