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.
Toano, VA, October 12, 2018-A settlement was approved this week in district court for Lumber Liquidators to pay $36 million to settle a class-action lawsuit filed on behalf of 760,000 customers who bought its Chinese-made laminate flooring between 2009 and 2015, reports CNBC.
Boca Raton, FL, October 12, 2018-Q.E.P. reported a net sales increase of 10% for Q2 2018, compared to Q2 2017. Net income for the quarter was $580,000, compared to $2,402,000 in the prior year period.
Ann Arbor, MI, October 12, 2018-Consumer sentiment fell 1.1% to 99.0 in October, from September’s 100.1 rate, according to preliminary results from the University of Michigan.
Athens, GA, October 12, 2018—Dalton Carpet One celebrated its 40th anniversary in July.
New York, NY, October 11, 2018-Forbes has released its The World’s Best Employers 2018 list.
Washington, DC, October 11, 2018—The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.1% in September on a seasonally adjusted basis after rising 0.2% in August, the U.S. Bureau of Labor Statistics reported.
New York, NY, October 11, 2018—Bob Pisani, correspondent for CNBC, recently offered analysis of the current decline in stock prices.
Johnson City, TN, October 11, 2018-Mullican Flooring will provide flooring for an upcoming episode of Treehouse Masters, a television series on Animal Planet.
Laguna Niguel, CA, October 11, 2018-Parterre Flooring Systems has joined Fuse Alliance as a preferred supplier.
Arlington, VA, October 11, 2018—The cost of many products used in construction climbed 7.4% over the past year due to double-digit increases in commonly-used construction materials, according to an analysis by the Associated General Contractors of America of new Labor Department data.