Adleta Ownership Forms ESOP, Sells 100% of Stock
Carrollton, TX, December 13, 2021-Effective immediately Dianne and Jack Adleta have sold 100% of their Adleta Corporation stock to the newly formed Employee Stock Ownership Plan (ESOP).
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.
Companies Delaying Return to Office Amid Omicron
New York, NY, December 13, 2021-Companies of all sizes are rethinking their plans to send workers back to the office as the new omicron variant adds another layer of uncertainty, reports the Associated Press.
NWFA Accepting Submissions for '22 Wood Floor of the Year Awards
St. Louis, MO, December 13, 2021-The National Wood Flooring Association’s (NWFA) Wood Floor of the Year awards is now accepting submissions for 2022.
Schuberts Carpet Store Closes Doors After 76 Years
Jamestown, ND, December 10, 2021-Schuberts Carpet One Floor & Home located in Jamestown, North Dakota closed its doors on November 30, reports The Jamestown Sun.
Milliken Sells MilliCare to PE Firm Riverside Capital
Cleveland, OH, December 10, 2021-The Riverside Co. has announced the acquisition of Milliken’s MilliCare Floor & Textile Care of Spartanburg, South Carolina, as an add-on for its Clintar portfolio company.
November Inflation at 39-Year High
Washington, DC, December 10, 2021—The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.8% in November on a seasonally adjusted basis after rising 0.9% in October, the U.S. Bureau of Labor Statistics reported.
Consumer Sentiment Rose 4.5% in Early December
Ann Arbor, MI, December 10, 2021—Consumer sentiment rose 4.5% to 70.4 in early December, according to preliminary results from the University of Michigan Survey of Consumers.
Clayton Floor Covering & Design Joins Fuse
Laguna Niguel, CA, December 10, 2021—Fuse Alliance, a member-owned organization of professional commercial flooring contractors, announced that Clayton Floor Covering & Design has joined the network as a new member.
FCIF Hosting Year-End Fundraiser
Dalton, GA, December 10, 2021-The Floor Covering Industry Foundation (FCIF) is running its year-end campaign with hopes to raise additional funds for families in the floorcovering industry who are experiencing a life altering illnesses, catastrophic injuries, and other severe medical disabilities.
American Office Building Amid a Transition as Work-From-Home Flourishes
New York, NY, December 10, 2021—The American office building, where millions of white-collar employees have headed to work for more than a century, is in a state of reckoning, reports the Wall Street Journal.