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Jul 30, 2020  /  The Right News Right When It Happens
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Tarkett Maintains EBITDA Margins on 12.4% Decline in Revenue in First Half of 2020
Paris, France, July 30, 2020–Tarkett has announced that its revenues for the first half 2020 were down 12.4% over 2019 after a 20.5% drop in Q2 related to virus-induced shutdowns.
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Today's Flooring News
GDP Drops 32.9% in Q2, According to Estimate
Washington, DC, July 30, 2020–Real gross domestic product (GDP) decreased at an annual rate of 32.9% in the second quarter of 2020, according to the advance estimate released by the Bureau of Economic Analysis.
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NFA Fall Meeting Confirmed for September With Additional Safety Measures
July 30, 2020–Ahead of the National Floorcovering Alliance’s Fall Conference, the organization has released some added safety measures that will be in place amid the COVID-19 outbreak.
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Metropolitan Names Jonathan Train as VP of Business Development
Vancouver, BC, July 30, 2020–Metropolitan, a distributor whose leading products are Kentwood and Evoke hardwood flooring, has appointed Jonathan Train to the newly created position of vice president of business development.
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Unemployment Claims See Slight Increase
Washington, DC, July 30, 2020–Applications for unemployment increased by a seasonally adjusted 12,000 for 1.43 million for the week ending July 25.
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