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.

Rising Kiwi Dollar Worries Feltex

NEW ZEALAND, October 13--Feltex Carpets says it made a $4.5 million profit in the three months to September 30 and is on track to meet its targeted net profit of $28.6 million for this financial year, according to www.stuff.co.nz

Bayer Preparing to Spin Off Lanxess Early Next Ye

Berlin, Germany, October 6-- Drugmaker Bayer AG on Wednesday announced plans to spin off chemicals and polymers business Lanxess at the beginning of next year, a move designed to help it focus on health care and other core activities.

Some Criticize Delaware’s $14M Incentive to Keep I

Wilmington, DE, October 4--Judy McKinney-Cherry began wooing Invista from the moment DuPont announced the sale of the textiles and interiors business to the Wichita, Kan.-based Koch Industries, according to The News Journal.

Kmart May Move Headquarters

Troy, MI, October 1--Kmart Holdings Corp. is considering moving its headquarters from Michigan, the state's economic development agency said on Thursday.

Interceramic ADR Programs to Terminate

Chihuahau, Mexico, October 1--Internacional de Ceramica, announces that Citibank, N.A., as depositary under the deposit agreements for Interceramic's two American Depositary Receipt programs in the U.S., has sent notice to registered holders of the pe

Lowe’s Promotes One Weekend Projects

Mooresville, NC, September 30—With the expectation of holiday guests not to far off, Lowe's is promoting time and money saving: One Weekend and Done projects.

Chain Store Sales Off 0.3% Latest Week

New York, September 28--Chain store retail sales saw a slight decline of 0.3 percent on a week-over-week basis. However, on a year-over-year basis, the sales momentum remained strong at 3.5 percent, a report said on Tuesday.

Armstrong Increases Prices on VCT and Commercial

Lancaster, Pa., September 24, 2004 – Armstrong announced today that it will initiate an average eight percent price increase on its Vinyl Composition Tile commercial products, and a three-to-five percent increase on its Commercial Vinyl Sheet products, ef