Home Depot to Acquire Distributor GMS
Atlanta, GA, June 30, 2025-Home Depot announced today that it is buying GMS, a building-products distributor, for about $4.3 billion.
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.
Victoria PLC, Owner of Cali, Refis Credit Facility
Leeds, UK, June 30, 2025-Victoria PLC has announced progress towards refinancing via a new £130m super senior credit facility, reports The Business Desk. Victoria PLC owns Cali.
FCITS to Hold Complete Inspector Certification Class in Toronto
Dalton, GA, June 30, 2025—Flooring Consultants and Inspection Training Services (FCITS), a division of the World Floor Covering Association (WFCA), is bringing its Complete Inspector Certification Class to Toronto, Canada, August 5 to 8.
Roppe Announces Two Changes to Sales Leadership Team
Fostoria, OH, June 30, 2025-Roppe Holding Company (RHC) has announced two strategic changes to its sales leadership team: Brian Dubois promoted to vice president of sales and Lee Hoggard appointed senior director of sales.
NTCA Announces July Training Event Schedule
Jackson, MS, June 26, 2025 - The National Tile Contractors Association (NTCA) is hitting the road this July with 15 interactive training events in 11 states.
Shnier Expands Partnership with HMTX Contract
Brampton, ON, June 30, 2025-Shnier, Gesco Industries LP, a Canadian floorcovering distributor, has announced an expanded partnership with HMTX Contract + Trade, effective July 1.
Pergo Launches 'The Pergo Event'
Calhoun, GA, June 30, 2025-The recent Pergo brand refresh was just the beginning of an exciting new chapter, and ‘The Pergo Event’ is the next step of the journey.
Consumer Sentiment Up 16% in May, Down 11% YOY
Ann Arbor, MI, June 27, 2025-Consumer sentiment surged 16% from May in its first increase in six months but remains well below the post-election bounce seen in December 2024, according to final results from the University of Michigan Survey of Consumers. This represents an 11% decline year over year.
Consumer Spending Declines in May
Washington, DC, June 27, 2025-U.S. household income and spending both declined in May, signaling a potential cooling in consumer momentum, even as core inflation remained slightly elevated, complicating the outlook for Federal Reserve rate cuts.
Pending Home Sales Rise 1.8% in May
Washington, DC, June 27, 2025-Pending home sales increased 1.8% in May, according to the National Association of Realtors.