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.

Saks Posts 2Q Loss

Birmingham, AL, August 15, 2006--Saks Inc., posted a second-quarter loss Tuesday, reversing a year-earlier profit, due in large part to sharply lower revenue following the sale of its Northern Department Store Group.

Federated to Cut Newspaper Spending

Cincinnati, OH, August 14, 2006--Federated Department Stores Inc.'s conversion of hundreds of stores to the Macy's nameplate could be painful for newspapers.

Consumer Spending Slips on Taxes, Wages, Home Valu

New York, NY, August 10, 2006--The Deloitte Research Leading Index of Consumer Spending continued to move down this month, projecting a difficult retail environment due to a weaker job market, high energy costs and continued softness in the housing market

Flooring Transportation Firm Plans Expansion

Milwaukee, WI, August 9, 2006--A Milwaukee trucking firm that focuses on transporting tile, carpet and other flooring materials received financing approval Tuesday for a planned expansion on the city's northwest side.

Options are Key for West Coast Retailer

San Marcos, CA, August 7, 2006--California homeowners are finding that the latest IKEA trends may not be the best way to spend home improvement dollars and instead are opting to invest in their home's long term value, including flooring.

Home Solutions of America Acquires Fireline Restor

Dallas, TX, August 7, 2006--Home Solutions of America, Inc., announced that it has closed the acquisition of Fireline Restoration, Inc.

NAM: Pension Bill Provides Certainty for Employees

Washington, DC, August 7, 2006--The pension reform bill approved last week by the Senate includes a “mixed bag” of reforms for pension plan sponsors, according to Dorothy Coleman, vice president of tax and domestic economic policy at the National Associat