Mohawk & Mohawk Group Shifting to Net 30 Terms
Calhoun, GA, August 15, 2023-Mohawk and Mohawk Group are shifting to net 30 terms.
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 Depot Q2 Sales Down 2.0% YOY, Earnings Down 9.9%
Atlanta, GA, August 15, 2023-The Home Depot reported Q2 2023 sales of $42.9 billion for the, a decrease of 2.0% from Q2 2022’s $43.8 billion. Comparable sales for Q2 2023 decreased 2.0%, and comparable sales in the U.S. decreased 2.0%.
Steve Sieracki Named SVP of Flooring Businesses with CCA Global Partners
Manchester, NH, August 15, 2023-CCA Global Partners announced that longtime flooring executive Steve Sieracki has been named senior vice president for Flooring America, Flooring Canada, International Design Guild, and The Floor Trader divisions.
Builder Confidence Fell Six Points to 50 in August
Washington, DC, August 15, 2023—Builder confidence in the market for newly built single-family homes in August fell six points to 50, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).
July Retail Sales Rose 0.7% in from June, Up 3.2% YOY
Washington, DC, August 15, 2023—Advance estimates of U.S. retail and food services sales for July 2023 were $696.4 billion, up 0.7% from the previous month and up 3.2% above July 2022, according to the U.S. Census Bureau.
Import Prices Rose 0.4% in July, Export Prices Rose 0.7%
Washington, DC, August 15, 2023—Prices for U.S. imports advanced 0.4% in July following a 0.1% decline the previous month, the U.S. Bureau of Labor Statistics reported.
Chilewich Names Melissa Villa SVP of Contract Sales
New York, NY, August 15, 2023—Chilewich is pleased to announce the appointment of Melissa Villa as senior vice president of contract sales.
Distrib. Trade Sales & Manufacturer Shipments Down 0.1% in June
Washington, DC, August 15, 2023—The combined value of distributive trade sales and manufacturers’ shipments for June was estimated at $1,818.6 billion, down 0.1% from May 2023 and was down 3.1% from June 2022, according to the U.S. Census Bureau.
Grogan Named Commercial President of Meridian's Flooring Division
Houston, TX, August 14, 2023-Meridian Adhesives Group has appointed Ralph Grogan as the commercial president of the organization's flooring division.
Steve Jahr Joining Starnet as Financial Controller
Columbus, OH, August 14, 2023—Steve Jahr will be joining Starnet as financial controller this month.