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.

LL Flooring Posts Net Loss of $3.8M for Q3, Sales Down 4.8%

LL Flooring Posts Net Loss of $3.8M for Q3, Sales Down 4.8%

Richmond, VA, November 2, 2022—LL Flooring’s Q3 2022 net sales were $268.8 million, a decline of 4.8% from Q3 2021’s $282.2 million, primarily due to continued lower consumer spending versus last year, which more than offset just under double-digit growth in sales to ro customers.

Goods & Services Deficit Widened by $7.6B in September

Goods & Services Deficit Widened by $7.6B in September

Washington, DC, November 3, 2022— The goods and services deficit was $73.3 billion in September, up $7.6 billion from $65.7 billion in August, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced.

Labor Productivity Rose 0.3% in Q3 2022

Labor Productivity Rose 0.3% in Q3 2022

Washington, DC, November 3, 2022— Nonfarm business sector labor productivity increased 0.3% in Q3 2022, the U.S. Bureau of Labor Statistics reported today, as output increased 2.8% and hours worked increased 2.4%, according to the Bureau of Labor Statistics.

Registration for Coverings 2023 Now Open

Registration for Coverings 2023 Now Open

Arlington, VA, November 3, 2022—Coverings announced the official commencement for event registration, special-rate hotel reservations and award program submissions for Coverings 2023, scheduled to take place April 18 to 21, 2023, at the Orange County Convention Center in Orlando, Florida.

Crown Products Acquires All-Tile

Crown Products Acquires All-Tile

Bloomington, MN, November 2, 2022-Crown Products, based in Bloomington, Minnesota, continues to expand with the acquisition of All-Tile, based in Wood Dale, Illinois.

Gerflor Acquires Stagestep

Gerflor Acquires Stagestep

Bolingbrook, IL, November 2, 2022—Gerflor has acquired Stagestep, the oldest dance floor company in the United States.

2022 NAFCD + NBMDA Annual Convention Underway Now in Chicago

2022 NAFCD + NBMDA Annual Convention Underway Now in Chicago

Chicago, IL, November 2, 2022-The 2022 North American Association of Floor Covering Distributors (NAFCD) + North American Building Material Distribution Association (NBMDA) Annual Convention is underway now in Chicago, Illinois, running through November 3.