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.
Washington, DC, November 23, 2022—In the week ending November 19, the advance figure for seasonally adjusted initial claims was 240,000, an increase of 17,000 from the previous week's revised level, according to the Department of Labor.
New York, NY, November 22, 2022-Investor buying of homes tumbled 30% in the third quarter, a sign that the rise in borrowing rates and high home prices that pushed traditional buyers to the sidelines are causing these firms to pull back, too, reports the Wall Street Journal.
Dalton, GA, November 22, 2022-Shaw has announced its 2023 Shaw Flooring Network (SFN) convention theme: Independent & United.
Calhoun, GA, November 22, 2022-During Edge Summit, set for December 12 to 15 at Gaylord Opryland in Nashville, Mohawk will expand its proprietary Signature Technology across all three master brands: Mohawk, Pergo and Karastan.
Hanahan, SC, November 22, 2022—Flooring retailer Lester Scher, 79, died November 5.
Waregem, Belgium, November 19, 2022—Beaulieu International Group’s (B.I.G.) Beaulieu Flooring Solutions Business Unit announced its intention to discontinue its Belgian tufted carpet operations.
New York, NY, November 19, 2022—John Foley, Hisao Kushi and Yony Feng—three co-founders of Peloton—are starting a direct-to-consumer venture custom rug business called Ernesta.
Nashville, TN, September 21, 2022-The Floor Covering Education Foundation (FCEF) board met Thursday and Friday in Nashville.
Washington, DC, November 21, 2022—The prospects for continued high levels of multifamily development declined significantly in the third quarter, as did the prospects for continued high occupancy rates, according to results from the Multifamily Market Survey (MMS) released by NAHB.
New York, NY, November 21, 2022—"It is the $1.7 trillion question for the U.S. economy: How long can the savings consumers built up during the pandemic keep their spending going?,” reports the Wall Street Journal.