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.

Distrib. Trade Sales & Manufacturer Shipments Rose 0.8% in Oct.

Distrib. Trade Sales & Manufacturer Shipments Rose 0.8% in Oct.

Washington, DC, December 15, 2022—The combined value of distributive trade sales and manufacturers’ shipments for October was estimated at $1,859.5 billion, up 0.8% from September 2022 and was up 10.1% from October 2021, according to the U.S. Census Bureau.

I4F Terminates License Agreement with Shanghai Hanna & Anhui Hanhua

I4F Terminates License Agreement with Shanghai Hanna & Anhui Hanhua

Hamont, Belgium, December 14, 2022—I4F, a group of companies providing patents and technologies to the flooring industry, announced the termination of two license agreements. One with Shanghai Hanna Material Co. Ltd. and the other with Anhui Hanhua Building Materials Technology Co. Ltd.

Vinyl Sustainability Council Releases 2022 Sustainability Report

Vinyl Sustainability Council Releases 2022 Sustainability Report

Washington, DC, December 14, 2022—The Vinyl Sustainability Council (VSC), a self-funded business council advancing sustainability in the vinyl industry, released the 2022 edition of its annual sustainability report, titled Connecting Our Industry to Reach Our Potential.

Inflation Eased to 7.1% in November

Inflation Eased to 7.1% in November

Washington, DC, December 13, 2022—The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.1% in November on a seasonally adjusted basis, after increasing 0.4% in October, the U.S. Bureau of Labor Statistics reported. Over the last 12 months, the all items index increased 7.1% before seasonal adjustment.

Sika Makes Minority Investment in Schönox HPS

Sika Makes Minority Investment in Schönox HPS

Florence, AL, December 13, 2022-Schönox HPS North America and Sika Corporation further strengthened their strategic alliance, announcing Sika’s minority investment in the Florence, Alabama-based firm.

LL Flooring to Open 4 Stores in '23, Resume Stock Repurchase Plan

LL Flooring to Open 4 Stores in '23, Resume Stock Repurchase Plan

Richmond, VA, December 13, 2022—LL Flooring, formerly Lumber Liquidators, provided a business update in advance of investor meetings, noting the company’s plans to slow new store openings and recommence share repurchases in 2023 under its existing share repurchase program.