Transom Capital Forms Artivo Surfaces as Parent for Distributor Brands
Los Angeles, CA, October 10, 2024-Transom Capital Group has announced the formation of Artivo Surfaces, the new parent company for Virginia Tile and Galleher.
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.
Fuse Adds Three New Members: North Coast, Cal Coast & Ray's
Cypress, TX, October 10, 2024 – Fuse Commercial Flooring Alliance has announced the addition of three new members to its network: North Coast Floor & Tile, Cal Coast Commercial Flooring, and Ray’s Flooring Specialists.
NAHB Remodeling Sentiment Declined 2 Points to 63 in Q3
Washington, DC, October 10, 2024-The National Association of Home Builders (NAHB) released its NAHB/Westlake Royal Remodeling Market Index (RMI) for Q3, posting a reading of 63, down two points compared to the previous quarter.
Interface Design Studio to Provide Total Project Carbon Metrics
Atlanta, GA, October 10, 2024—Interface announced that it is making it easier for customers to understand the carbon impact of their product selections by including project-specific embodied carbon metrics on all floor plans created by the Interface Design Studio (IDS).
Initial Jobless Claims Rose by 33,000 in Week Ending October 5
Washington, DC, October 10, 2024—In the week ending October 5, the advance figure for seasonally adjusted initial claims was 258,000, an increase of 33,000 from the previous week's unrevised level of 225,000, according to the Department of Labor.
Truist Believes Retail Flooring Business Could Improve in Q4
Charlotte, NC, October 9, 2024—"While most of the commentary is sequentially flattish, as discussed above, we have picked up some interesting trend shift coming from the residential flooring market,” reports Truist.
Kenmark Interiors Acquires Lancaster & Associates
Dallas, TX, October 9, 2024—Kenmark Interiors, a distributor and installer of interior architectural products including flooring, acquires longtime collaborator Lancaster & Associates, a custom drapery manufacturer and high-end interiors company.
Shaw Contract Names Nau VP of Hospitality Global Accounts
Cartersville, GA, October 9, 2024—Shaw Contract has appointed Melissa Nau to the position of vice president of hospitality – global accounts.
Mortgage Applications Declined 5.1% in Week Ending October 4
Washington, DC, October 9, 2024—Mortgage applications decreased 5.1% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending October 4, 2024.
Trade Deficit Narrowed by $8.5 Billion in August
Washington, DC, October 8, 2024—The goods and services deficit was $70.4 billion in August, down $8.5 billion from $78.9 billion in July, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced.