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.
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.
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%.
Shaw Debuts Program to Recognize Sustainable Organizations
Dalton, GA, November 6, 2019—Shaw has debuted a program to recognize diverse organizations intently focused on products and initiatives that support the wellbeing of people and the planet.
Retail Lead Management Buys NetScheduler from America's Floor Source
Columbus, OH, November 4, 2019—Retail Lead Management (RLM), which offers lead management and CRM software, has acquired NetScheduler from America's Floor Source.