May 26, 2016
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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.
Jack Raidy Resigns as CEO of W.F. Taylor, Daniel Pelton Tapped
Fontana, CA, May 10, 2016—Jack Raidy has resigned as chief executive officer of W.F. Taylor after leading the company for more than two decades.
Surya Cuts Ribbon on New Cartersville Headquarters & Distribution Center
Cartersville, GA, May 11, 2016—Surya celebrated the official opening of its new corporate office space and distribution center with a ribbon cutting ceremony and open house held onsite on May 9.
Foreclosure Inventory Down 23.2% YOY in March
Irvine, CA, May 11, 2016—CoreLogic released its March 2016 National Foreclosure Report, which shows the foreclosure inventory declined by 23.2% and completed foreclosures declined by 14.9% compared with March 2015.
Four Armstrong Flooring Products Receive Consumers Digest Best Buy Rating
Lancaster, PA, May 11, 2016—Four of Armstrong Flooring’s engineered hardwood and vinyl products received the Consumers Digest Best Buy Rating.
American Floorcovering Association Announces New Partners for FloorTek
Dalton, GA, May 11, 2016—American Floorcovering Association has partnered with NICFI, National Academy of Floor Covering Training and The Flooring Educational Guild for FloorTek Expo 2016.
NYCxDESIGN Underway in New York City
New York, NY, May 11, 2016— NYCxDESIGN, New York City’s citywide celebration of design, will return May 3 to 17.
Small Business Optimism Rose 1 Point in April, Remains Well Below Average
Washington, DC, May 11, 2016— The Index of Small Business Optimism rose 1 point to 93.6 in April, according to the NFIB’s latest Small Business Economic Trends report.
Fuse Launches Spark Awards Competition for Members
Laguna Niguel, CA, May 11, 2016—Fuse Alliance has announced the launch of the Spark Awards.
Lumber Liquidators Q1 Net Sales Down 10.2% YOY, Loss of $1.20 EPS
Toano, VA, May 10, 2016--Net sales in Q1 2016 were $233.5 million, a decrease of 10.2% from Q1 2015.
Wholesaler Sales Rose 0.7% in February, Down YOY
Washington, DC, May 10, 2016—March 2016 sales of merchant wholesalers were $430.7 billion, up 0.7% from the revised February level, but were down 2.0% from the March 2015 level, the U.S. Census Bureau announced.
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