Home Depot to Acquire HD Supply for $8.7 Billion
Atlanta, GA, November 17, 2020--The Home Depot has entered into a definitive agreement to acquire HD Supply.
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.
AHF Announces Price Increase on Hardwood Products
Mountville, PA, November 17, 2020—AHF Products has announced it will increase prices on hardwood products in the U.S. and Canada effective on January 1.
Schluter's Mary Yocum Receives Joe A. Tarver Service Award
Flowood, MS, November 17, 2020—The National Tile Contractors Association (NTCA) is pleased to recognize Mary Yocum of Schluter Systems as the recipient of the 2020 Joe A. Tarver Service to the Industry Award.
Retail Sales Rose 5.7% YOY in October
Washington, DC, November 17, 2020—Advance estimates of U.S. retail and food services sales for October 2020 were $553.3 billion, an increase of 0.3% from the previous month, and 5.7% above October 2019, according to the U.S. Census Bureau.
Industrial Production Increased by 1.1% in October
Washington, DC, November 17, 2020—Industrial production rose 1.1% in October, according to the Federal Reserve.
Import Prices Inched Down in October
Washington, DC, November 17, 2020—U.S. import prices edged down 0.1% in October, the U.S. Bureau of Labor Statistics reported, after rising 0.2% the previous month.
Distributor Shipments Rose 0.6% in September
Washington, DC, November 17, 2020-The combined value of distributive trade sales and manufacturers’ shipments for September was estimated at $1,465.1 billion, up 0.6% from August 2020 and was up 0.8% from September 2019, according to the U.S. Census Bureau.
Florim USA Named Business Recycler of the Year by TN Recycling Coalition
Clarksville, TN, November 16, 2020—The Tennessee Recycling Coalition named Florim USA winner of the 2020 Business Recycler of the Year.
American's Embrace of Digital Commerce Amid COVID Likely Permanent
New York, NY, November 16, 2020—The pandemic’s disruptions have transformed how American consumers behave by accelerating their embrace of digital commerce, and the changes are likely to prove permanent, reports the Wall Street Journal.
Kitchen & Bath Trade Assoc. Reveals 2021 Kitchen & Bath Design Trends
Hackettstown, NJ, November 16, 2020- The National Kitchen & Bath Association 2021 Design Trends Research reveals the COVID-19 pandemic will have a substantial lasting impact on kitchen and bath design, including in several areas related to flooring.