Breaking Flooring News

Arden Kelly Presented with 2019 NAFCD Lifetime Achievement Award

Dallas, TX, November 13, 2019—The North American Association of Floor Covering Distributors (NAFCD) recognized Arden Kelly of Commercial Flooring Distributors of Debary, Florida as the recipient of the 2019 NAFCD Lifetime Achievement Award.

Consumer Prices Rose by 0.4% in October

Washington, DC, November 13, 2019-The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4% in October on a seasonally adjusted basis after being unchanged in September, the U.S. Bureau of Labor Statistics reported.

D.R. Horton Grew Sales & Earnings in Q4

Arlington, TX, November 13, 2019—D.R. Horton reports that net income attributable to D.R. Horton increased 8% year over year (YOY) in Q4 2019.

Small Business Optimism Remained Over 100 in October

Washington, DC, November 12, 2019—The small business half of the economy continued its remarkable economic streak, posting a 0.6 point gain in October’s Optimism Index.

I4F, Unilin & Välinge Withdrawing All Pending Litigation

Willemstad, Curaçao; Wielsbeke, Belgium; and Viken, Sweden--I4F, Unilin and Välinge have announced that they will withdraw from all pending litigation in the United States and Europe.

Marriott Dominated Hotel Construction Pipeline in Fall 2019

Portsmouth, NH, November 12, 2019-In the Lodging Econometrics (LE) fall report for 2019, the franchise companies dominating the United States hotel construction pipeline are led by Marriott International with 1,484 projects/196,023 rooms, up 8% by projects and rooms year-over-year (YOY).

Benjamin Hagood, Past CEO of William M. Bird, Has Died

Charleston, SC, November 12, 2019— Benjamin Hagood Sr., past president and chief executive officer of William M. Bird, died November 9, 2019.

NAFCD Convention Kicks Off Today in New Orleans

New Orleans, LA, November 12—The North American Association of Floor Covering Distributors (NAFCD) annual convention kicks off today in New Orleans, Louisiana.

Michael Ogle, Owner of Ogle's Hardwood, Has Died

Huntersville, NC, November 12, 2019—Michael Ogle, owner of Ogle’s Hardwood Flooring in Huntersville, North Carolina, died November 6.

Five Commercial Contractors Joining to Form F5 Finishes, Launching IPO

San Francisco, CA, November 11, 2019-Five commercial contractors are coming together and eyeing an IPO [initial public offering], according to the San Francisco Business Times.