Domotex asia/Chinafloor Interviews Bruce Zwicker
Shanghai, China, November 8, 2019—Domotex asia/Chinafloor has launch a series of interviews with key people in the flooring industry to highlight the current news, trends and updates.
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.
Dixie Group Sales Down 6%, Earnings Negative
Dalton, GA, November 7, 2019-The Dixie Group reported a year over year (YOY) Q3 2019 net sales decrease of 6.0%. In Q3 2019 sales, exclusive of sales through the mass merchant channel, were down 1.5% relative to Q3 2018.
Retail Demand Was Soft in Q3
St. Louis, MO, November 7, 2019—Stifel released its analysis of Lumber Liquidators’ Q3 performance, which speaks more broadly to depressed Q3 demand across the board.
IIDA Names Cheryl Durst to Board of Trustees
New York, NY, November 7, 2019—The New York School of Interior Design is pleased to announce the appointment of Cheryl S. Durst, Hon. FIIDA, LEED AP, executive vice president and CEO of the International Interior Design Association (IIDA), as a member of the College’s Board of Trustees.
Unemployment Claims Dropped by 7,000 Last Week
Washington, DC, November 7, 2019—In the week ending November 2, the advance figure for seasonally adjusted initial claims was 211,000, a decrease of 8,000 from the previous week's revised level, according to the Bureau of Labor Statistics.
Capital Carpet & Flooring Acquires Merrimac Tile and Stone
Wilmington, MA, November 6, 2019—Capital Carpet & Flooring, a 28 year-old company, has purchased Merrimac Tile and Stone Company of Hampton, New Hampshire, a 73 year-old tile, stone and floorcovering company. Both companies are Starnet members.
Eastman to Recycle PET Carpet into New Materials
Kingsport, TN, November 6, 2019-Eastman has reached an agreement to give new life to one of the most problematic waste materials in U.S. landfills, post-consumer carpet. The material will now be recycled through Eastman’s carbon renewal technology and converted into new materials to serve new and useful purposes.
Select Interior Concepts Reports Net Sales & Income Increases for Q3
Atlanta, GA, November 6, 2019—Select Interior Concepts, an installer and distributor of interior building products, announced that net sales for Q3 2019 increased 25.0%, compared to Q3 2018.
Lumber Liquidators Reports Decreased Sales & Earnings in Q3
Toano, VA, November 6, 2019-Lumber Liquidators reported Q3 2019 net sales decreased 2.4% as compared to Q3 2018.
Productivity Decreased 0.3% in Q3
Washington, DC, November 6, 2019-Nonfarm business sector labor productivity decreased 0.3% in Q3 2019, the U.S. Bureau of Labor Statistics reported, as output increased 2.1% and hours worked increased 2.4%.