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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.
Pier 1’s 1Q Loss Nearly Doubles
Fort Worth, June 15, 2006--Pier 1 Imports Inc., said Thursday its first-quarter loss nearly doubled as weak customer traffic contributed to a decline in revenue.
Small Business Index Slips
Washington, DC, June 15, 2006--The NFIB Small-Business Optimism Index slipped again in May, down 1.6 points to 98.5 (1986=100), suggesting that the March decline may not have been a fluke.
Broyhill Closing Case Goods Facility
Manufacturing Lenoir, NC, June 12, 2006--Broyhill Furniture Industries, a subsidiary of St. Louis, Missouri based Furniture Brands International, announced the closing of its Pacemaker case goods manufacturing facility located in Lenoir, North Carolina.
New Senate Leader Reid Backs Asbestos Talks
Washington, DC, November 17--Negotiations on a national fund to compensate asbestos victims will continue, the Democrats' new leader in the U.S. Senate, Harry Reid, said on Tuesday.
Packers Pro Shop Rolls Out Exclusive Carpet
Green Bay, WI, November 5--Green Bay Packers fans have long admired the grand symbol of their team, the Packers 'G,' and now have an opportunity to turn their own floors into 'home turf,' adorning them with the universally-recognized logo.
Columbia Adds Three Distributors
Danville, VA, November 1 - Columbia Flooring today announced the addition of three new distributors: Swiff-Train of Houston, Texas; National Wood Products of Salt Lake City, Utah; and Self's Inc. of Wichita, Kansas.
California Rug Gallery Seeped in History
Temecula, CA, October 25--Mohammad Rustamzada’s interest in rugs goes back a long way. "I remember going into my father’s rug store in Afghanistan when I was a little boy," said Mohammad Rustamzada, owner of Rustam Rug Gallery.
Linens N Things 3Q Earnings Down 18%
Clifton, NJ, October 21--Home furnishings retailer Linens N Things Inc said third-quarter earnings fell 18 percent, hurt by a decline in guest traffic and an accounting charge.
NAFCD Holds Annual Meeting in Phoenix
Phoenix, AZ, October 21 --More than 300 attendees shared the hot Arizona sun and three days of networking and educational seminars at National Association of Floorcovering Distributors (NAFCD) 33rd Annual Meeting, held earlier this month at the Sheraton W