Existing Home Sales Rose 2.0% in October
Washington, DC, November 21, 2017—Total existing-home sales increased 2.0% to a seasonally adjusted annual rate of 5.48 million in October from a downwardly revised 5.37 million in September.
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.
Lowe's Grew Sales & Earnings in Q3, Names Maltsbarger CDO
Mooresville, NC, November 21, 2017—Lowe’s Companies has reported net earnings of $872 million for Q3 2017, compared to net earnings of $379 million in Q3 2016.
Shaw's Troy Virgo Wins CRI's Joseph J. Smrekar Memorial Award
Dalton, GA, November 21, 2017—The Carpet and Rug Institute (CRI) presented the Joseph J. Smrekar Memorial Award to Troy Virgo, director of sustainability and product stewardship for Shaw Industries, at the annual membership meeting on November 15 in Dalton, Georgia.
Details of January's Atlanta Intl. Area Rug Market Announced
Atlanta, GA, November 21, 2017—The global rug design and manufacturing community gathers in Atlanta for The Atlanta International Area Rug Market, featuring the National Oriental Rug Show sponsored by The Oriental Rug Importers Association (ORIA) January 10 to 14, 2018.
Mohawk to Buy Godfrey Hirst
Dalton, GA, November 21, 2017-Mohawk has announced its plans to purchase Australian carpet firm Godfrey Hirst.
QFloors Holds Users Conference Aboard the Norwegian Escape
Cozumel, Mexico, November 20, 2017— New partnerships, new products and new features were announced during the 2017 QFloors Dive Deeper Users Conference, held on the Norwegian Escape from November 4 to 11.
Balta Home Cuts Ribbon on New Distribution Center
Rome, GA, November 20, 2017—Balta Home USA is moving to a new 330,000 square foot distribution facility in Rome, Georgia, to provide more capacity for its North American business.
Randy Merritt Issues Farewell Letter to the Industry
Dalton, GA, November 20, 2017—Randy Merritt, president of Shaw Industries who will retire at the close of 2017, has written a farewell letter to the industry, within which he has worked for the entirety of his 41-year career.
Housing Starts Jumped 13.7% in October
Washington, DC, November 17, 2017—Privately-owned housing starts in October were at a seasonally adjusted annual rate of 1,290,000, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced.
AmericasMart Offering Mobile Platform for January Show
Atlanta, GA, November 17, 2017—Turn-by-turn navigation via mobile phone will be available starting January 1, 2018 only at AmericasMart Atlanta.