February Consumer Prices Inched Up 0.1%
Washington, DC, March 15, 2017— The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.1% in February on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported.
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.
Interface Names Bruce Hausmann VP and CFO
Atlanta, GA, March 15, 2017—Interface has announced the appointment of Bruce Hausmann as its new vice president and chief financial officer, effective April 10.
Distributive Trade Sales, Manufacturers' Shipments Up 0.2% in Jan.
Washington, DC, March 15, 2017— The combined value of distributive trade sales and manufacturers’ shipments for January was estimated at $1,359.3 billion, up 0.2% from December 2016 and was up 6.4% from January 2016, according to the U.S. Census Bureau.
Emser Tile Expands Salt Lake City Branch
Los Angeles, CA, March 15, 2017—Emser Tile has opened a new branch location in Salt Lake City, relocating and expanding from 8,800 to 22,000 square feet to provide even better customer access and service.
Retail & Food Sales Posted 0.1% Rise in February, Up 5.7% YOY
Washington, DC, March 15, 2017—Advance estimates of U.S. retail and food services sales for February 2017 were $474.0 billion, an increase of 0.1% from the previous month, and 5.7% above February 2016, according to the U.S. Census Bureau.
Small Business Optimism Remains High, NFIB
Washington, DC, March 15, 2017—Small business optimism remained at one of its highest readings in 43 years, as small business awaits a new healthcare law, tax reform, and regulatory relief from Washington, according to the February National Federation of Independent Business (NFIB) Small Business Optimism Index.
Producer Prices Inched Upward in February
Washington, DC, March 14, 2017—The Producer Price Index for final demand increased 0.3% in February, seasonally adjusted, the U.S. Bureau of Labor Statistics has reported.
Bentley Mills and Balta Join Forces
Los Angeles, CA, March 13, 2017 — Bentley Mills announced today they have reached an agreement to be acquired by Balta, a leading Belgium-based manufacturer of textile floor coverings. The acquisition leverages market, product and sales synergies of both brands.
Russian Patent Office Confirms Unilin's RU 2 252 994 Patent
Wielsbeke, Belgium, March 14, 2017—On March 10, 2017 the Russian Patent Office confirmed the validity of Unilin’s Russian pretension patent RU 2 252 994 as granted following an invalidation action brought against the patent.
Milliken Recognized by Ethisphere Institute for 11th Year
Spartansburg, SC, March 14, 2017—Milliken has been recognized by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices, as a 2017 World’s Most Ethical Company.