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.

Lowe's CEO Marvin Ellison Named Chairman of the Board

Lowe's CEO Marvin Ellison Named Chairman of the Board

Mooresville, NC, June 2, 2021—Lowe's board of directors has elected Marvin R. Ellison, president, chief executive officer and current director of Lowe's, to the additional role of chairman of the board, effective immediately.

Mortgage Applications Slid 4.0% in Last Week of May

Mortgage Applications Slid 4.0% in Last Week of May

Washington, DC, June 2, 2021—Mortgage applications decreased 4.0% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending May 28, 2021.

Construction Spending Inched Up 0.2% in April

Construction Spending Inched Up 0.2% in April

Washington, DC, June 1, 2021—Construction spending during April 2021 was estimated at a seasonally adjusted annual rate of $1,524.2 billion, 0.2% above the revised March estimate of $1,521.0 billion, according to the U.S. Census Bureau.

Loloi Moving to New NYC Showroom

Loloi Moving to New NYC Showroom

New York, NY, June 1, 2021—Loloi is moving its New York City showroom and will renovate and occupy the entire second floor at 260 5th Avenue, reports Furniture Today.