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.

Builder Confidence Held Steady at 83 in May

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.

Floor & Decor Acquires Spartan Surfaces

Floor & Decor Acquires Spartan Surfaces

Atlanta, GA, May 14, 2021-Floor & Decor has entered into a definitive agreement to acquire 100% of Spartan Surfaces, an end-to-end commercial flooring distribution company headquartered in Bel Air, Maryland, for consideration of up to $90 million.

Retail Sales Momentum Cooled in April

Retail Sales Momentum Cooled in April

Washington, DC, May 14, 2021—Advance estimates of U.S. retail and food services sales for April 2021 were $619.9 billion, virtually unchanged from the previous month, and 51.2% above April 2020, according to the U.S. Census Bureau.