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.

Sears’ Third Quarter Unexpectedly Poor

Hoffman Estates, IL, Oct. 17—Sears, Roebuck and Co. has logged an unexpected shortfall in third quarter profits

Interface: Sales May Be Lower Than Expected

Atlanta, GA, Oct. 16--Interface expects to report lower revenue and a net loss for the third quarter ended September 29.

Interface Will Also Reduce Its Workforce

Atlanta, GA, Oct. 16--Interface also plans, subject to final board approval, to further rationalize manufacturing operations in its fabrics division

Beaulieu Renews Laura Ashley License

Dalton, GA, Oct. 14‹Beaulieu of America has renewed its license agreement with Laura Ashley to market carpet under the brand for another six years.

3M''s Income Up

St. Paul, MN, Oct. 21--3M Co., whose products range from Post-It notes and Scotchgard to industrial adhesives and asthma inhalers, said its third quarter net income rose to $545 million

Law Firm Sues Sears

New York, NY, Oct. 18--A New York City law firm has sued Sears, Roebuck & Co. and its executives

Mohawk''s Earnings Soar

Calhoun, GA, Oct. 15--Mohawk Industries had record quarterly net earnings of $81.56 million (46% above last year) and diluted earnings per share (EPS) of $1.21

Manufacturing Slows

Tempe, AZ, Oct. 2—U.S. manufacturing activity contracted in September after seven straight months of growth, suggesting a nascent rebound has stalled.

Pergo Signs License Agreements

Trelleborg, Sweden, Oct. 8—Pergo has signed license agreements with three laminate producers: Kaindl, Kronospan and Kronotex.

Washington, DC, Oct. 4—According to the Labor Department, the nation’s unemployment fell to 5.6% of the labor force in September as the struggling economy produced more than enough new jobs to offset payroll cutting by businesses.