July 31, 2015
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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.
Zombie Foreclosures Down 11% From Q1 but Up in 91 of 183 Metro Areas
Irvine, CA, June 11, 2015—RealtyTrac has released its Q2 2015 Zombie Foreclosure Report, which found that 127,021 homes actively in the foreclosure process had been vacated by the homeowners prior to a completed foreclosure.
Distributive Trade Sales & Trade Sales Up Slightly in April
Washington, DC, June 11, 2015-- The combined value of distributive trade sales and manufacturers’ shipments for April was estimated at $1,318.8 billion, up 0.6% from March 2015, but was down 2.3% from April 2014, according to the U.S. Census Bureau.
Retail Trade Sales Up 1.4% in May, 2% YOY
Washington, DC, June 11, 2015--Retail trade sales were up 1.4% in May from April and 2.0% over last year.
Interface Adding Two Additional Collection Hubs for Net-Works Program
Atlanta, GA, June 10, 2015—Interface is expanding its Net-Works program, through which discarded fishing gear is turned into recycled nylon fiber.
Stifel Reports that Fundamentals of Interface's Business Are Healthy
New York, NY, June 10. 2015—Analyst Stifel has offered an update on Interface, reporting that the fundamentals of the company remain healthy.
NWFA Partners with R.I.S.E. to Help Veterans
St. Louis, MO, June 10, 2015—The National Wood Flooring Association (NWFA) has launched a partnership with actor Gary Sinise Foundation’s R.I.S.E (Restoring Independence, Supporting Empowerment) program.
Job Openings at Record High in April
Washington, DC, June 10, 2015—The U.S. had 5.376 million job openings in April, up from 5.1 million in March, according to the Labor Department.
Mohawk to Close Chatsworth, Georgia BCF Yarn Plant
Calhoun, GA, June 10, 2015—Mohawk Industries is closing its Chatsworth, Georgia BCF yarn plant in August and moving the facility’s 156 workers to other facilities in northwest Georgia.
Ultimate Flooring Design Center Named Armstrong Elite Retailer
Lancaster, PA, June 10, 2015—Armstrong announced that Ultimate Flooring Design Center in Odenton, Maryland was named a first-time Armstrong Elite Retailer.
UTT Products Featured in United Soybean Board Press Release
Dalton, GA, June 9, 2015—Universal Textile Technology’s (UTT) SYNLawn and AstroTurf products were featured in a June 9 press release by a United Soybean Board.
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