Dixie Group Q1 Sales Up 7.1%
Dalton, GA, May 18, 2021-The Dixie Group reported net sales of $86.3 million for Q1 2021, an increase of 7.1% compared to $80.6 million in Q1 2020.
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.
Home Depot Sales Rose 32.7%, Earnings Rose 84.6% in Q1
Atlanta, GA, May 18, 2021—The Home Depot reported sales of $37.5 billion for Q1 2021, an increase of 32.7% from Q1 2020’s $28.3 billion.
Milliken Announces Price Increase on Soft Surface & Resilient
Spartanburg, SC, May 18, 2021—Milliken will initiate a 4% to 8% price increase for its commercial soft surface flooring and an increase of 10% to 12% for resilient flooring to take effect June 15.
April Housing Starts Slid 9.5% from March but Rose 67.3% YOY
Washington, DC, May 18, 2021—Privately-owned housing starts in April were at a seasonally adjusted annual rate of 1,569,000, 9.5% below the revised March estimate of 1,733,000 but 67.3% above the April 2020 rate of 938,000, according to the U.S. Census Bureau.
Mannington & BPI End Distribution Relationship
Memphis, TN, May 18, 2021—BPI and Mannington will part ways.
LG Hausys Floors Forms Partnership with NRF Distributors
Atlanta, GA, May 18, 2021-LG Hausys Floors announced a new partnership with NRF Distributors, a family-owned floorcovering products distributor based in Augusta, Maine.
Nearly Every Metro Area Experienced Home Price Increase in Q1
Washington, DC, May 18, 2021—Nearly every metro area tracked by the National Association of Realtors—99%—recorded year-over-year price increases in the first quarter of 2021, according to the latest quarterly report released by NAR.
B.I.G. Unveils ColorMind Yarn Technology
Wielsbeke, Belgium, May 18, 2021—B.I.G. Yarns is unveiling ColorMind, a new high-end loop-pile for contract and automotive carpets.
Amorim Cork Establishes Business Unit in Canada
Mississauga, ON, May 18, 2021—Amorim Cork Flooring has expanded into Canada with a new sales unit Amorim Flooring Canada, located in Mississauga.
Builder Confidence Held Steady at 83 in May
Washington, DC, May 17, 2021—Builder confidence held stable in May, despite growing concerns over the price and availability of most building materials, including lumber. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) shows that builder confidence in the market for newly built single-family homes is 83 in May, unchanged from April.