Beaulieu International Group Releases First Sustainability Report
Waregem, Belgium, May 20, 2022—Beaulieu International Group (BIG) has released its inaugural sustainability report, entitled 'Here.We.Go'.
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.
Existing-Home Sales Declined 2.4% in April, Prices Hit Record High
Washington, DC, May 19, 2022-Total existing-home sales slid 2.4% from March to a seasonally adjusted annual rate of 5.61 million in April, according to the National Association of Realtors. Year-over-year, sales dropped 5.9% (5.96 million in April 2021).
Tarkett Announces Grand Opening of New Chicago Showroom
Solon, OH, May 19, 2022-Tarkett is announcing the grand opening of its Chicago showroom, located at 215 N. Peoria Street, Floor 10 in Chicago’s Fulton Market District.
Shaw Wins Halo Award for St. Jude Cushion Program Partnership
Dalton, GA, May 19, 2022—Shaw and the Shaw Cushion Program for St. Jude Children’s Research Hospital have been named the 2022 Halo Award Silver winner in the Consumer Activated Corporate Donation category by Engage for Good.
I4F Again Named a Best Managed Company by Deloitte
Hamont, Belgium, May 19, 2022-I4F, a group of companies providing patents and technologies to the flooring industry, has, for a second consecutive year, been awarded as one of the 2021/22 Best Managed Companies (BMC) by Deloitte.
OneFlor USA Announces Leadership Team
Houston, TX, May 19, 2022-OneFlor USA has announced its executive team, consisting of flooring industry veterans with a focus on the resilient category.
Jobless Claims Rose to 218K in Week Ending May 14
Washington, DC, May 19, 2022—In the week ending May 14, the advance figure for seasonally adjusted initial claims was 218,000, an increase of 21,000 from the previous week's revised level, according to the Department of Labor.
Architecture Billings Declined Slightly in April but Remained Positive
Washington, DC, May 18, 2022—The American Institute of Architects’ (AIA) Architecture Billings Index score for April was 56.5 compared to 58.0 in March.
Lowe's Net Sales Rose 3% in Q1, Earnings Flat
Mooresville, NC, May 18, 2022— Lowe’s reported net sales of $23.7 billion for Q1 2022, a 3% increase compared to $24.4 billion in Q1 2021.
Total Construction Starts Rose 3% in April, Says Dodge
Hamilton, NJ, May 18, 2022-Total construction starts rose 3% in April to a seasonally adjusted annual rate of $945.8 billion, according to Dodge Construction Network. Nonresidential building starts rose 6% and residential starts increased by 4%, while nonbuilding starts fell 4%.