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.
Dallas, TX, February 24, 2025-Lone Star Funds announced that an affiliate of Lone Star Fund XII, L.P. has entered into a definitive agreement to acquire the Specialty Chemicals and High Performance Polymers Business Areas of RadiciGroup, a global player in the chemical sector
Denver, CO, February 24, 2025—Angi’s 2024 State of Home Spending Report reveals that 93% of homeowners plan to take on home projects in 2025, even as total spending on home projects dropped by 12% in 2024.
Atlanta, GA, February 21, 2025-Floor & Decor net sales of $1.11 billion in Q4 2024, a 5.7% increase from Q4 2023’s $1.05 billion.
Washington, DC, February 21, 2025—Total existing-home sales descended 4.9% from December to a seasonally adjusted annual rate of 4.08 million in January according to the National Association of Realtors. Year-over-year, sales improved 2.0% (up from 4 million in January 2024).
Ann Arbor, MI, February 21, 2025—Consumer sentiment declined 9.8% in February to 64.7, according to final results from the University of Michigan Survey of Consumers.
Malmo, Sweden, February 21, 2025—Kährs reported Q4 sales of amounted to $51.24 million, which was a decrease of -11% from the prior year’s $57.54 million.
Washington, DC, February 21, 2025—In a clear sign illustrating the housing affordability challenges facing Americans, the National Association of Home Builders (NAHB)/Wells Fargo Cost of Housing Index (CHI) found that in Q4 2024, a family earning the nation’s median income of $97,800 needed 38% of its income to cover the mortgage payment on a median-priced new home.
Orlando, FL, February 21, 2025—Coverings, North America’s largest global showcase of ceramic tile and natural stone, has revealed the must-see annual tile trends in commemoration of National Tile Day, February 23.
Dalton, GA, February 20, 2025––The World Floor Covering Association (WFCA) has announced the induction of two leaders into its 2024 Hall of Fame: Ray C. Anderson (posthumously), founder of Interface, and Charlie Dilks, chief product officer of CCA Global Partners.
Chicago, IL, February 20, 2025-The 2024 winners of Good Design Awards have been named.