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.

James Macco, Founder of Macco's Floor Covering Centers, Has Died

Green Bay, WI, May 20, 2020-James Macco, founder of Macco’s Floor Covering Centers, died May 4.

INSTALL Provides Worksite Guidance Amid COVID

Washington, D.C. (May 2020) – Safety standards have always been of utmost importance in the construction industry. But now, more than ever, safety protocols are increasingly crucial as COVID-19 changes how contractors are working.

Sales Rose 7.1% for Home Depot in Q1, Earnings Decreased

Atlanta, GA, May 19, 2020—The Home Depot has reported sales of $28.3 billion for Q1 2020, a 7.1% increase from Q1 2019.

Diverzify Acquires ProFloors & Forms Strategic Partnership w/ Another Firm

Chicago, IL, May 19, 2019-Diverzify announces the acquisition of ProFloors of Florida and a strategic partnership with Lane’s Floor Coverings and Interiors in New York, bringing the total number of business service locations within the Diverzify enterprise to 21 and adding additional floor installation and maintenance services and capabilities to its portfolio.

Housing Starts Slid 20.8% in April

Washington, DC, May 19, 2020—Privately-owned housing units authorized by building permits in April were at a seasonally adjusted annual rate of 1,074,000, according to the U.S. Census Bureau, 20.8% below the revised March rate of 1,356,000 and is 19.2% below the April 2019 rate of 1,330,000.

CARES Act Includes Funds for Renovating Business Properties

Calhoun, GA, May 19, 2020-The Coronavirus Aid, Relief, and Economic Security Act, also referred to as the “CARES Act,” contains several tax breaks designed to help businesses and workers get back on their feet as quickly as possible. Included within this legislation is a new tax benefit for renovating or improving business properties.