Lions Floor Opens Second Texas Distribution Center
Santa Fe Springs, CA, August 8, 2023- Lions Floor is pleased to announce the grand opening of its second Texas area distribution center.
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.
RCC Flooring Under New Ownership
New Orleans, LA, August 7, 2023-Patrick and Shannon Able completed the purchase and assumed ownership of RCC Flooring, a commercial flooring company based in New Orleans, Louisiana on July 31, 2023.
Domotex Asia/Chinafloor Welcomed Record Number of Visitors
Shanghai, China, August 7, 2023-Domotex Asia/Chinafloor opened its doors during July 26 to 28 at the Shanghai National Exhibition and Convention Centre (NECC), welcoming attendees from all over the world and giving the international flooring community a chance to meet again in world’s second largest market, after the three-year halt due to closed borders.
July Planning-Stage Healthcare, Education & Hospitality Activity Dipped
Hamilton, NJ, August 7, 2023-The Dodge Momentum Index (DMI), issued by Dodge Construction Network, declined 0.9% in July to 193.4 (2000=100) from the revised June reading of 195.1. Over the month, the commercial component of the DMI remained relatively flat, ticking down 0.2%, while the institutional component fell 1.9%.
Iris Ceramica Opening Hydrogen-Powered Factory in Italy
Milan/Fiorano Modenese, Italy, August 7, 2023-Iris Ceramica Group-holding company of U.S. based manufacturing facility Stonepeak Ceramics-has partnered with Edison Next, a company of Edison Group, which leads clients and territories in their decarbonization and ecological transition journey, to develop H2 Factory.
Interface's Q2 2023 Sales Declined 4.9%, Income Down 6%
Atlanta, GA, August 4, 2023—Interface reported Q2 2023 net sales were $329.6 million, down 4.9% versus $346.6 million in the prior year period.
Dixie Group Sales Declined 11.6% in Q2, Net Loss of $1.62M Recorded
Dalton, GA, August 4, 2023-For Q2 2023, The Dixie Group had net sales of $74.0 million, an 11.6% decline compared to sales of $83.7 million in the same quarter of 2022.
Shaw Shifts to Net 30 Terms for Commercial and Residential Carpet
Dalton, GA, August 4, 2023-Shaw Industries is notifying customers this week that it is dropping discount terms for early payment of its commercial and residential carpet orders.
Floor & Décor Grew Sales by 4.2% in Q2, Earnings Down 12.7%
Atlanta, GA, August 4, 2023—For Q2 2023, Floor & Décor reported a net sales increase of 4.2% to $1.14 billion from $1.09 billion in Q2 fiscal 2022. Comparable store sales decreased 6.0%.
The Tile Shop Sales Down 8.4% in Q2, Earnings Down 26.5%
Minneapolis, MN, August 4, 2023—The Tile Shop reported net sales of $98.6 million for Q2 2023, an 8.4% decline compared to sales of $1.08 billion for Q2 2022.