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.

EU Trade Sanctions Have Dual Edge

New York, NY, Feb. 26--Trade sanctions that U.S. exporters are to start paying the European Union could top a hefty $300 million this year, but the standoff also could undermine confidence in the international body charged with resolving trade disputes.

Wellman Announces 4th Quarter Earnings

Shrewsbury, NJ, Feb. 27--Wellman, Inc. has reported a net loss from continuing operations of $98.1 million for the fourth quarter and $96.7 million for the full year ended December 31, 2003.

Online Ad Index Dips

New York, NY, February 1, 2007--In January there were 3,141,800 online advertised vacancies, a largely seasonal decline of 6 percent from December, according to The Conference Board Help-Wanted OnLine Data Series released today.

Pulte Posts 4Q Loss

Bloomfield, MI, February 1, 2007--Pulte Homes reported a loss in the fourth quarter, the result of slumping home closings and a large inventory charge.

Furniture Brands 4Q Earnings Off 88%

St. Louis, MO, February 1, 2007--Furniture Brands International Inc. reported fourth-quarter earnings that dropped 88 percent on weakened sales that grew just over 1 percent.

Ban Extended On Retailers Plans To Open Bank

Washington, DC, February 1, 2007--Wal Mart, Home Depot and other large retailers seeking to run their own banks faced a tougher road Wednesday when federal regulators voted to extend a moratorium on such moves for a year.

CRI Meets ANSI Requirements for Eligibility

Dalton, GA, January 31, 2007--The Carpet & Rug Institute, (CRI) recently received word from the American National Standards Institute (ANSI) that it had met the eligibility requirements as a third party certification program and therefore is eligible to a

Chicago PMI Declines

Chicago, IL, January 31, 2007--The Chicago Purchasing Managers Index fell to 48.8 in January from 51.6 in December, suggesting a contraction in the regional manufacturing sector.

AmericasMart Showcases Best Rug Designs

Atlanta, GA, January 2007--From a marketplace as good as it gets came the January 2007 edition of the Atlanta International Area Rug MarketĀ® featuring the National Oriental Rug Show (NORS).