Dixie Group Terminates Sale/Leaseback Deal, Seeks Other Buyers
Dalton, GA, July 27, 2023-The Dixie Group has terminated the previously announced agreement for the sale and leaseback of its distribution facility in Adairsville, Georgia.
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.
New-Home Sales Drop 2.5% in June but are Nearly 24% Above Last June
Washington, D.C., July 26, 2023--Sales of new single-family houses in June 2023 were at a seasonally adjusted annual rate of 697,000, according to the most recent estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development.
Circular Polymers by Ascend Debuts New Line of Recycled Polymers
Houston, TX, July 26, 2023-Circular Polymers by Ascend, a leading recycler of post-consumer carpet, has launched Cerene, a line of recycled polymers and materials made from the company’s proprietary carpet reclaiming technology.
I4F Becomes Exclusive Provider of Poreguard Wood Coating
Turnhout, Belgium, July 26, 2023-I4F, a group of companies providing patents and technologies to the flooring industry, has signed a technology licensing partnership agreement with Hesse-Lignal for its Poreguard technology.
Midwest Continues to Top Emerging-Housing-Market Index
New York, NY, July 26, 2023—Three Indiana metro areas topped The Wall Street Journal (WSJ)/Realtor.com Emerging Housing Markets Index for the second quarter: Lafayette, Fort Wayne and Elkhart; followed by Bloomington, Illinois and Sioux City, Iowa.
New HBI Report Spotlights Labor Shortages
Washington, D.C., July 26, 2023—The lack of skilled construction labor is a key limiting factor to expanding home construction and improving housing inventory and affordability, according to the latest Construction Labor Market Report from the Home Builders Institute (HBI).
CCA Global University Rolls Out Retail 2.0 Training Program
Manchester, NH, July 26, 2023—CCA Global University has developed a training program exclusively designed to accelerate the onboarding process of CCA’s Retail 2.0 initiative.
May Case-Shiller Index Reports Rise in Home Prices for 3rd Straight Month
New York, NY, July 25, 2023 -- The latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices, show month-over-month price increases in all 20 major metro markets for the third straight month. After seasonal adjustment, the U.S. National Index posted a month-over-month increase of 0.7% in May 2023.
Shaw Adds No-Cupping Warranty for Properly Installed SPC
Dalton, GA, July 25, 2023—Shaw has added a no-cupping warranty for its Coretec Pro and Shaw Floors Floorté Pro SPC collections.
Cosentino Opens Showrooms in Boston and Washington, D.C.
Coral Gables, FL, July 25, 2023 - Spain-based Cosentino Group, a family-owned producer and distributor of flooring, countertops and other surfaces, continues to expand its presence in the United States with the opening of two new Boston and Washington, D.C. “Citys,” part of the brand’s experiential exhibition model.