Floor & Decor Announces Launch of IPO
Atlanta, GA, April 17, 2017—Floor & Decor Holdings announced the launch of its initial public offering of 8,823,500 shares of its common stock.
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.
Rugs Direct Receives Strategic Investment from L2 Capital
Winchester, VA, April 17, 2017—Online retailer Rugs Direct has received a strategic investment from L2 Capital Partners, a private equity family office based in Devon, Pennsylvania.
Wonder Porcelain Holds Ribbon Cutting at New Lebanon, TN Plant
Lebanon, TN, April 17, 2017—Commissioner Bob Rolfe of the TN Department of Economic and Community Development, Mayor Bernie Ash of the City of Lebanon and Michael Kephart, president, of Wonder Porcelain, were among those on hand to ceremonially open the new American Wonder Porcelain plant on April 11 in Lebanon, Tennessee.
NWFA Announces 2017 Wood Floor of the Year Contest Winners
St. Louis, MO, April 17, 2017—The National Wood Flooring Association announced the winners of its 2017 Wood Floor of the Year contest during the Wood Flooring Expo held in Phoenix, Arizona.
Garden State Tile Earns Confindustria Ceramica's Distributor Award
Orlando, FL, April 17, 2017—To recognize the important contribution of distributors, each year Confindustria Ceramica (the Italian Association of Ceramics) honors an exemplary North American tile distributor with the prestigious North American Distributor Award.
Florida Tile Named Supplier of the Year by CTDA
Lexington, KY, April 17, 2017—Florida Tile has been named Supplier of the Year by the Ceramic Tile Distributors Association (CTDA). The award was announced on the opening day of the Coverings 2017 show held in Orlando, Florida.
Engineered Floors Announces Price Increase
Dalton, GA, April 17, 2017—Engineered Floors has announced a price increase on its Dream Weaver, Dwellings and Engineered Floors carpet brands due to raw material increases.
Builder Confidence Falls But Remains Positive in April
Washington, DC, April 17, 2017—Builder confidence in the market for newly-built single-family homes remained solid in April, falling three points to a level of 68 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) after an unusually high March reading.
Consumer Sentiment Rose 1.1% to 98.0 in Early April
Ann Arbor, MI, April 17, 2017—Consumer sentiment rose 1.1% to 98.0 in April from March’s 96.9, according to preliminary results from the University of Michigan Survey of Consumers.
Retail Sales Fell by 0.2% in March, Up 5.2% YOY
Washington, DC, April 17, 2017—Advance estimates of U.S. retail and food services sales for March 2017 were $470.8 billion, a decrease of 0.2% from the previous month, and 5.2% above March 2016, according to the U.S. Census Bureau.