Tarkett Group Revenues Down, Profits Up for First Half of 2024
Paris, France, August 2, 2024--Tarkett Group’s net revenue for Q2 2024 was down by 2.1%, and -1.8% on a like-for-like basis, compared to Q2 2023.
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.
Lorberbaum Details Cost Cutting, Strategic Investments On Recent Earnings Call
Calhoun, GA, August 2, 2024--Citing the impact of elevated mortgage rates, high home prices and the "locked-in" effect on the housing market and, thus, the flooring remodeling market, Mohawk chairman and CEO Jeff Lorberbaum detailed some of the company's cost cutting measures during its recent Q2 earnings call.
King Business Interiors and Steinberger Floors Join Fuse
Laguna Niguel, CA, August 2, 2024--Fuse Alliance, a national network of independent commercial flooring contractors, announces the addition of King Business Interiors and Steinberger Floors to its growing membership.
Private Residential Construction Spending Down in June but Up YOY
Washington, D.C., August 2, 2024--Private residential construction spending was down 0.3% in June after a dip of 0.7% in the prior month, according to the Census Construction Spending data.
Interface Releases 2023 Impact Report
Atlanta, GA, August 2, 2024--Interface has released its 2023 Impact Report, outlining the company’s environmental, social and governance (ESG) progress and achievements in 2023 and sharing forward-looking goals.
Fed Hints at Rate Cuts in September
Washington, D.C., August 1, 2024--Federal Reserve chair Jerome Powell said this week that officials could cut interest rates at their meeting in September.
Stahl Rejoins Dixie Group as VP of Marketing
Dalton, GA, August 1, 2024--The Dixie Group announces that Tami Stahl is the new vice president of marketing, handling internal and external strategy, communication and creative output for all Dixie Group brands: DH Floors, Masland, Fabrica and TruCor.
Mannington Commercial Promotes Totten to VP of Sustainability
Calhoun, GA, August 1, 2024--Mannington Commercial has promoted Shane Totten to vice president of sustainability.
Empire Today Appoints New CEO
Northlake, IL, August 1, 2024--Empire Today, one of the country’s leading shop-at-home direct-to-consumer flooring company, has appointed Brian Hutto as its new CEO.
Cali Opens New Distribution Center in Washington State
Encinitas, CA, August 1, 2024--Cali has opened a new state-of-the-art distribution center in the Pacific Northwest.