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.

UK Carpet Expert Dies

Kidderminster, UK, July 2-- Derek Woodward, former vice-chairman of Brintons, Kidderminster, and one of the longest-serving directors in the town's carpet industry, has died at the age of 90 according to the Express and Star.

Carpetright’s CEO Yields to Critics over Laminates

Rainham, Essex, UK, July 2--Lord Harris of Peckham, chairman and chief executive of UK-based carpet and floor coverings retailer Carpetright, yesterday held up his hands and took the blame for the group's late launch into the ever-growing laminated fl

Hartzell Begins Warehouse Addition

Piqus, OH--Hartzell Hardwoods this week announced a $400,000 addition now under construction at its business on South Roosevelt Avenue, as reported in the Dayton Daily News

Formica Gains Court Approval for Investment Propos

Warren, NJ, July 2--Formica Corp. today announced that the U.S. Bankruptcy Court has approved the Stock Purchase Agreement involving the Company and all of its subsidiaries with an investment group sponsored by Cerberus Capital Management L.P. and Oaktree

Quarterly Earnings Off at Furniture Companies

Charlotte, July 2--Earnings for the largest U.S. residential furniture companies declined in the most recent quarter from a year earlier as manufacturers took downtime in the face of weak orders.

Dow CEO Talks Sustainability

Midland, MI, July 2--Dow Chemical Company's president and CEO, Bill Stavropoulos discussed the company's commitment to sustainable development and his views on the subject this morning.

Sphinx to Intro New Machine and Handmades in Atlan

Dalton, July 2--Sphinx by Oriental Weavers will introduce nine new collections at the Atlanta Rug Market this month. Sphinx showcases modern color combinations and attention to detail in each rug, adding new dimensions to existing Sphinx collections.

Home Depot's Nardelli Says Size an Advantage

Atlanta, July 1--Home Depot Chairman and Chief Executive Bob Nardelli said Monday that the country's largest home improvement retailer will use its increasing size and improving service to fend off the aggressive growth of top rival Lowe's, as rep