Diverzify Agrees to Acquire Continental Office's Flooring Business
Atlanta, GA, May 13, 2024-Diverzify has agreed to acquire Continental Office's flooring business, based in Columbus, Ohio.
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Over 90% of Metro Markets Posted Home Price Gains in Q1 2024
Washington, DC, May 13, 2024—More than 90% of metro markets (205 out of 221, or 93%) posted home price gains in the first quarter of 2024, as the 30-year fixed mortgage rate ranged from 6.60% to 6.94%, according to the National Association of Realtors' latest quarterly report.
Kermans Flooring Has Joined Starnet
Columbus, OH, May 13, 2024-Kermans Flooring, an ADG Company, based in Fishers, Indiana, has joined Starnet.
Sen Named Group President of HMTX, Stone Remains CEO/Chairman
Norwalk, CT, May 13, 2024-HMTX has named Debarati Sen as group president.
NALFA Announces New Macro-Scratch Test Method
Washington, DC, May 13, 2024—The North America Laminate Flooring Association announces its new Macro-Scratch Test Method.
Flanders Flooring Days Underway Now in Belgium
Flanders, Belgium, May 13, 2024—The third edition of Flanders Flooring Days (FFD) has is underway in Flanders, Belgium.
Tile Shop Net Sales Declined 10.1% YOY in Q1, Income Down 32%
Minneapolis, MN, May 10, 2024—The Tile Shop reported net sales for Q1 2024 were $91.7 million, a decline of 10.1%, compared to Q1 2023’s $102 million.
Consumer Sentiment Declines 12.7% in Early May, Up 14.2% YOY
Ann Arbor, MI, May 10, 2024-Consumer sentiment declined 12.7% in early May to 67.4, according to preliminary estimates from the University of Michigan Survey of Consumers.
LL Flooring Adding Carpet to Product Offering in 200 Locations
Richmond, VA, May 10, 2024-In LL Flooring’s Q1 2024 earnings call, held May 8, the retailer announced that it will add a carpet offering to over 200 of its 435 locations by the end of Q2.
Belysse Revenue Down 8.3% in Q1, with U.S. Business Down 11.3%
Waregem, Belgium, May 10, 2024-Belysse, owner of Bentley and Modulyss, reported group revenue declined 8.3% YOY to 70.3 million Euros in Q1 2024.