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.
New York, NY, August 22, 2023-"Retailers are on track to open 1,000 net new stores in the U.S. this year as retail availability hits record lows, in fresh signs of the sector’s resilience despite turmoil in commercial real estate,” reports the Wall Street Journal.
Washington, DC, August 22, 2023—The American Institute of Architects (AIA) has released its most comprehensive report on architecture firm compensation and benefits trends in 15 years.
New York, NY, August 22, 2023-RapidRatings executive chairman James Gellert and Unity Marketing president-founder Pamela Danziger joined Yahoo Finance Live to discuss the state of the retail industry. This is an excerpt of their discussion.
Baxter, TN, August 21, 2023-Portobello Grupo officially kicked-off production activities at its business unit Portobello America’s recently built plant, located in Baxter, Tennessee, on July 21.
Charlotte, NC, August 21, 2023—"Ceramic Imports Showed a Modest Decline: Overall ceramic unit imports decreased 5.2% year over year (y/y), moderating from sharper declines earlier in the year, for units down 6.1% year- to-date. After a roughly flat result last month, Mexico showed a notable decline, down 19.9% y/y, but up 5.8% year-to-date,” reports Truist.
Salem, NJ, August 21, 2023—Mannington Mills announced that Quentin Quathamer will be joining the organization as director of residential carpet.
Fredericksburg, VA, August 21, 2023-Fishman Flooring Solutions has opened a new location in Fredericksburg, Virginia.
Dalton, GA, August 18, 2023—The Dixie Group (TDG) announced that for orders placed on September 18, all TDG customer accounts will move to standard payment terms of net 30 days.
Roanoke, VA, August 18, 2023-Tom Sullivan has rescinded his bid to acquire LL Flooring, the company he founded, which was formerly known as LL Flooring.
Washington, DC, August 18, 2023—Confidence in the market for new multifamily housing was in positive territory for Q2, according to results from the Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB).