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.
Chattanooga, TN, September 25, 2023-Four former employees of Mohawk have been indicted for allegedly defrauding the company by using a consulting company to illegally charge for information technology services at inflated rates and for work that was never done, reports the Times Free Press.
Charlotte, NC, September 25, 2023-“The EU has taken a hard stance against greenwashing under the new Empowering Consumers Directive,” reports Truist.
Atlanta, GA, September 25, 2023-HD Supply, a national wholesale distributor, announced that Marc Brown has been named CEO, effective immediately.
Charlotte, NC, September 22, 2023—"A recent spike in crude oil is raising diesel prices and, if sustained, could lead to raw material inflation,” reports Truist.
New York, NY, September 22, 2023—"The pandemic-driven hiring frenzy is ending,” reports the Wall Street Journal.
High Point, NC, September 22, 2023—"The aftermath of the pandemic has ushered in a remarkable resurgence in brick-and-mortar retail, breathing new life into physical stores and reigniting in-person shopping,” reports Furniture Today.
Riverside, CA, September 22, 2023—Donald Karlin Sr., 90, died September 16.
Las Vegas, September 21, 2023-Live Ventures Incorporated, a diversified holding company, announced that its subsidiary Marquis Industries has acquired the Harris Flooring Group brands from Q.E.P. Co., a designer, manufacturer, and distributor of a broad range of flooring and installation solutions for commercial and home improvement projects.
Orlando, FL, September 21, 2023—The Certified Flooring Installers’ (CFI) annual meeting began September 20 in Orlando, Florida at the Rose Shingle Creek, ending September 22.
Washington, DC, September 21, 2023—Total existing-home slid 0.7% from July to a seasonally adjusted annual rate of 4.04 million in August, according to the National Association of Realtors. Year-over-year, sales fell 15.3% (down from 4.77 million in August 2022).