Lowe's Increases Both Earnings & Sales YOY in Q2
Mooresville, NC, August 23, 2017—Lowe’s reported net earnings of $1.4 billion for Q2 2017, compared to net earnings of $1.2 billion in Q2 2016.
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.
Single-Family Home Sales Fell 9.4% in July
Washington, DC, August 23, 2017—Sales of new single-family houses in July 2017 were at a seasonally adjusted annual rate of 571,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development.
Mats Inc. Names Barry Hume President & CEO
Stoughton, MA, August 23, 2017—Mats Inc. has announced the hiring of Barry Hume as president and chief executive officer.
Leah Jack Named VP of Design for Brintons
Kidderminster, UK, August 23, 2017—Brintons is pleased to announce the promotion of Leah Jack to vice president of design.
NAFCD Accepting Nominations for Leadership Awards
Chicago, IL, August 23, 2017--The North American Association of Floor Covering Distributors (NAFCD) is calling on members to submit candidates for the 2017 NAFCD Leadership in Action and Lifetime Achievement Awards.
Crossville Tile Utilized in Dallas Decorators Showhouse
Crossville, TN, August 23, 2017—Crossville, Inc. is proud to announce its participation in the Dallas Decorators Showhouse as a tile supplier and corporate sponsor.
Warmly Yours Reports on Q2's Growth in Major Markets
Lake Zurich, IL, August 23, 2017—According to a recent industry report, sales of electric radiant heating products are expected to grow in several major metropolitan markets across the country in Q3 2017.
Shaw Completes LVT Plant Expansion, Adds USFloors Lines
Ringgold, GA, August 22, 2017—Shaw has completed a $30 million investment to manufacture composite core LVT flooring in its resilient manufacturing facility in Ringgold, Georgia, known as Plant RP.
CARE Awards Five Micro-Grants
Dalton, GA, August 22, 2017—Carpet America Recovery Effort (CARE)'s California Carpet Stewardship Program has awarded grants of $10,000 each to five companies for its Cycle 1M Micro-Grants for Collections/Reuse Programs pilot.
Home Prices Rose 1.6% in Q2
Washington, DC, August 22, 2017—U.S. house prices rose 1.6% in the second quarter of 2017, according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI).