If you haven't stopped by my shop for a while, you may want to take a look through the all-new Designer Felt section. I know how hard it can be to find high-quality felt in good colors. Most chains only carry the nasty, polyester variety or a handful of muddy colors in wool-blend. I needed a source for great felt and figured you must need a source as well.
I'll be stocking a custom palette of over 3 dozen wool-blend and bamboo felts at the Heather Bailey Store. I love to embellish projects with felt flowers or use felt to make pincushions and ornaments. These are the felts I use for the leaves & stems in my Fresh Picked Pincushions, in La Fleur Debris scrap flowers and in several upcoming patterns (getting so close now!).
I recommend stocking up on a variety of colors & neutrals to have on hand -- like a box of crayons. You'll be surprised how many flowers, leaves, stems & whatnots you can make from a small stack of felt.