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.

Rug Smugglers May Get Heavier Punishment

London, England, September 27--Following a report that a rare carpet was recently stolen from the Carpet Museum of Iran, Cultural Heritage and Tourism Organization (CHTO) Deputy Director Taha Hashemi said the government must consider imposing heavier pun

Leading Indicators Off for 3rd Consecutive Month

New York, September 23--The Conference Board, a private research group, reported Thursday that its composite index of leading indicators fell by 0.3% to a reading of 115.7 in August, from the revised 0.3% decline seen the month before.

Home Depot Donates $3 Million to Hurricane Relief

Atlanta, September 22 - The Home Depot has committed $3 million to aid in the rebuilding efforts of communities in Florida and other areas that have been battered by Hurricanes Charley, Frances and Ivan.

Most Americans Shop at Wal-Mart

Columbus, OH, September 20 - Half of all US primary household shoppers visit a Wal-Mart store on a monthly basis, reports Retail Forward in the company's newest Wal-Mart World program report, Wal-Mart Shopper Update.

Penney's Eyeing Mervyn's Sites

Chicago,IL, September 20-- J.C. Penney could purchase as many as 40 stores from the new owners of Mervyn's in a move that could notably downsize the Mervyn's chain while helping Penney expand its off-mall store base.

Dixie Group Temporarily Suspends Operations in the

Chattanooga, TN, September 15 --The Dixie Group, Inc. announced that, due to threats posed by Hurricane Ivan, it has temporarily suspended operations at its carpet manufacturing and distribution facilities located in Atmore and Saraland, Alabama, as of no

Tandus Group's 2Q Earnings Rise 22%

Dalton, GA, September 14--Tandus Group, Inc. reported earnings for the second quarter and six months year-to-date ended July 31, 2004 for its Collins & Aikman Floorcoverings, Inc., and subsidiaries.

Home Depot Announces Senior Notes Offering

Atlanta, GA, September 14--Home Depot has said that it has agreed to sell $1 billion aggregate principal amount of its 3.75% Senior Notes due 2009 through an institutional private placement.

Fire Guts Connecticut Retailer

Danbury, CT, September 13--Fire department personnel tore down a warehouse packed with highly flammable flooring materials after a Sunday morning blaze sent plumes of thick smoke billowing into the air, according to the Danbury News-Times.