HD Expo + Conference 2024 Begins Today in Las Vegas
Las Vegas, NV, April 29, 2024—The HD Expo + Conference begins today in Las Vegas, running through May 2.
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.
Live Ventures Makes Another Bid to Acquire LL Flooring
Richmond, VA, April 30, 2024—LL Flooring Holdings received an unsolicited, non-binding proposal from Live Ventures Incorporated to acquire all of the outstanding shares of the company for $5.85 per share in cash.
Defaults on Office Loans Reaching Historic Levels
New York, NY, April 30, 2024—"Defaults are reaching historic levels in the office market, as a growing number of owners capitulate to persistently high interest rates and weak demand,” according to the Wall Street Journal.
Tarkett Grows Source One Team
Solon, OH, April 29, 2024—Tarkett has welcomed Jason Richardson to its team as director of customer experience for Source One, the company’s project management service.
Tarkett Total Revenue Declined 4.3% in Q1, NA Segment Down 7.1%
Paris, FR, April 29, 2024-Tarkett reported net revenue of 668 million Euros for Q1 2024, down 4.3% compared to Q1 2023.
Total Construction Starts Down 1% in March
Bedford, MA, April 29, 2024—Total construction starts fell 1% in March to a seasonally adjusted annual rate of $1.06 trillion, according to Dodge Construction Network.
NTCA Names 2024 Five-Star Contractor Project Award Winners
Jackson, MS, April 29, 2024-The National Tile Contractors Association (NTCA) unveiled the recipients of the Five-Star Contractor Project of the Year Awards at Coverings 2024.
J&R Tile Named Winner of NTCA Community Impact Award
Jackson, MS, April 29, 2024-At Coverings, The National Tile Contractors Association (NTCA) introduced a new award to honor members who donate their time, material, and energy in their community by bringing the community together with the use of tile.
Multifamily Market Has Hit a Lull
Charlotte, NC, April 29, 2024—“Multifamily work has been very strong for several years for building products/durable goods producers/distributors offsetting the square footage downturn.
Lawmakers Hope to Stop Wall Street from Buying U.S. Homes
New York, NY, April 29, 2024—"Wall Street went on a home-buying spree. Now, more lawmakers want to stop it from ever happening again,” reports the Wall Street Journal.