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May 14, 2021 / The Right News Right When It Happens

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Floor & Decor to Acquire Spartan Surfaces

Atlanta, GA, May 14, 2021—Floor & Decor has entered into a definitive agreement to acquire 100% of Spartan Surfaces, an end-to-end commercial flooring distribution company headquartered in Bel Air, Maryland, for consideration of up to $90 million.

Today's Flooring News

Retail Sales Momentum Cooled in April

Washington, DC, May 14, 2021—Advance estimates of U.S. retail and food services sales for April 2021 were $619.9 billion, virtually unchanged from the previous month, and 51.2% above April 2020, according to the U.S. Census Bureau.

Consumer Sentiment Slid 6.2% in Early May

Ann Arbor, MI, May 14, 2021—Consumer sentiment slid 6.2% to 82.8 in May, according to preliminary results from the University of Michigan Survey of Consumers.

Armstrong Flooring & Ohio Valley Flooring to Part Ways

Lancaster, PA, May 14, 2021—Armstrong Flooring and Ohio Valley Flooring (OVF) announce that effective, July 3, OVF will no longer be distributing Armstrong Flooring products

Wood Flooring Exports from China Dropped 19% in 2020

Washington, DC, May 14, 2021--The value of wood flooring exports from China dropped 19% to $120 million in 2020, reports the Decorative Hardwoods Association.

Import Prices Rose 0.7% in April

Washington, DC, May 14, 2021—U.S. import prices advanced 0.7% in April following a 1.4% increase in March, the U.S. Bureau of Labor Statistics reported.

Distributive Trade Sales Rose 5.7% in March

Washington, DC, May 14, 2021—The combined value of distributive trade sales and manufacturers’ shipments for March was estimated at $1,638.2 billion, up 5.7% from February 2021 and was up 18.5% from March 2020, according to the U.S. Census Bureau.

NYCxDESIGN and Caesarstone Name IMPACTxDESIGN Winners

New York City, NY, May 14, 2021—NYCxDESIGN and Caesarstone are pleased to announce the winning designers of IMPACTxDESIGN, an inaugural competition to showcase how design can enhance public space and foster engagement in New York City.