Tile Shop CEO Homeister Leaves, Rucker to Serve as Interim
Minneapolis, MN, October 31, 2017—Tile Shop announced that Chris Homeister has stepped down as chief executive officer.
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.
Home Prices Rose 6.1% YOY in August
New York, NY, October 31, 2017—The S&P corelogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 6.1% annual gain in August, up from 5.9% in the previous month.
Floor Education Guild Announces Details of Spring Seminar
Dalton, GA, October 31, 2017—The Floor Education Guild’s spring seminar will take place April 1 to 3, 2018 at the Dalton Convention Center in Dalton, Georgia.
Factory Accident Claims the Life of Shaw Employee
Dalton, GA, October 31, 2017—A worker was killed at a Shaw Industry’s plant #23 in Georgia on the evening of October 30 as the result of a fatal accident, reports the Chattanooga Times Free Press.
Personal Incomes Rose 0.4% in September, Spending Rose 1.0%
Washington, DC, October 30, 2017--Personal income increased $66.9 billion (0.4%) in September, according to estimates released by the Bureau of Economic Analysis.
Lennar & CalAtlantic Merging to Form Largest U.S. Homebuilder
Miami, FL, October 30, 2017—Lennar Corporation and CalAtlantic Group have announced that their respective boards of directors have unanimously approved a definitive merger agreement.
Mohawk Highlights Ironman Involvement with NBCSN Spot
Calhoun, GA, October 30, 2017—A 30-second commercial created by Mohawk Industries to highlight its involvement with the 2017 Icy Hot Ironman 70.3 World Championship Chattanooga, Tennessee recently aired on the popular NBC Sports Network (NBCSN).
Consumer Sentiment Closes October Up 15.5% YOY
Ann Arbor, MI, October 27, 2017—Consumer sentiment rose to 100.7 in October over September’s 95.1, according to final results from the University of Michigan.
Third Quarter GDP Rose at 3.0% Rate
Washington, DC, October 27, 2017-- Real gross domestic product (GDP) increased at an annual rate of 3.0% in the third quarter of 2017, according to the "advance" estimate released by the Bureau of Economic Analysis.
Mohawk Increased Sales & Earnings In Q3
Calhoun, GA, October 27, 2017—Mohawk reported Q3 2017 net earnings of $270 million, compared to net earnings of $269.9 million in Q3 2016.