February 11, 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.
LL's High-Formaldehyde Laminate Can Cause Health Problems, Says Fed
Washington, DC, February 11, 2016—Federal regulators believe that the laminate flooring with high levels of formaldehyde sold by Lumber Liquidators may trigger breathing problems and risk of cancer was increased, though only by a small amount.
McSwain Given WFCA Gold Standard Award for Excellence in Retailing
Dalton, GA, February 11, 2016—Scott Humphrey, chief executive officer, World Floor Covering Association, has announced the annual winner of the Gold Standard Award for excellence in retailing: McSwain Carpet and Floors, based in Cincinnati, Ohio.
Retail Sales Projected to Grow 3.1% in 2016, National Retail Federation
Washington, DC, February 11, 2016—The National Retail Federation has released its 2016 economic forecast, projecting retail industry sales will grow 3.1%, higher than the ten-year average of 2.7%.
Tom Schlough Wins 2015 Migliore Award for Lifetime Achievement
Oberlin, OH and Chestertown, NY, February 11, 2016—Tom Schlough, owner of Park Industries in St. Cloud, Minnesota, is the recipient of the 2015 Migliore Award for Lifetime Achievement. The award was presented to Schlough at TISE 2016 in Las Vegas, Nevada.
Schluter Wins Three ClearSelect Product Awards
Plattsburgh, NY, February 11, 2016—Schluter Systems recently received three product awards from the 2015 Tile & Stone Installation Contractor ClearReport.
NeoCon Announces Keynote Speaker Line-up
Chicago, IL, February 11, 2016—The 48th edition of NeoCon, June 13 to 15, will carry the overarching theme “Design That Works” which speaks to the power and vitality of good design.
BuildDirect Launches Home Marketplace Online Platform
Vancouver, BC, February 11, 2016—BuildDirect, a technology company for the home improvement industry, has announced the launch of its online platform, Home Marketplace.
Yellen Hints of "Gradual" Rate Hikes to Come
Washington, DC, February 10, 2016—Federal Reserve chair Janet Yellen said that conditions in the U.S. would allow the Federal Reserve to pursue "gradual" adjustments in monetary policy.
Metro Home Prices Accelerated in Fourth Quarter of 2015, NAR
Washington, DC, February 10, 2016—A moderating pace of sales had little impact on the trajectory of home prices during the final three months of the year, which picked up speed in most of the U.S., according to the National Association of Realtors.
Fuse Alliance Names USG as Preferred Supplier
Laguna Niguel, CA, February 10, 2016—Fuse Alliance has announced that United States Gypsum Company (USG), a leading building materials manufacturer, has joined the network as a preferred supplier.
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