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May 15, 2020  /  The Right News Right When It Happens
Top Story
Starnet Holds Virtual Shareholder Meeting, Elects New Board Members
Columbus, OH, May 15, 2020—Starnet held its annual shareholder meeting this week.
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Today's Flooring News
Retail Sales Slid 16.4% in April
Washington, DC, May 15, 2020—Advance estimates of U.S. retail and food services sales for April 2020 were $403.9 billion, a decrease of 16.4% from the previous month, and 21.6% below April 2019, according to the U.S. Census Bureau.
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Teknoflor Establishes Partnership with Material Bank
Milwaukee, WI, May 15, 2020—Teknoflor has established a strategic partnership with Material Bank, the world’s largest material marketplace for the architecture and design industry.
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Industrial Production Posted Largest Drop Ever in April
Washington, DC, May 15, 2020—Total industrial production fell 11.2% in April for its largest monthly drop in the 101-year history of the index, as the COVID-19 (coronavirus disease 2019) pandemic led many factories to slow or suspend operations throughout the month, according to the Federal Reserve.
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Mullican Holding Essay Contest Honoring Military Service Members
Johnson City, TN, May 15, 2020—Mullican Flooring is paying tribute to members of the United States military this summer with the company’s “The All-American Patriot” essay contest.
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Job Separations Hit Series High in March
Washington, DC, May 15, 2020—The number of total separations increased by 8.9 million to a series high of 14.5 million in March, the U.S. Bureau of Labor Statistics reported.
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Distributive Trade Sales & Manu. Shipments Down 5.2% in March
Washington, DC, May 15, 2020—The combined value of distributive trade sales and manufacturers’ shipments for March was estimated at $1,386.1 billion, down 5.2% from February 2020 and was down 4.9% from March 2019.
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AHF Launches Online Visualizer
Mountville, PA, May 15, 2020—AHF Products announces the launch of its floor visualizer, a digital tool to help customers picture the latest flooring styles in their home before buying.
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Featured Video
John Wu Discusses Novalis' Progress in Opening an LVT Factory in the U.S.
May 15, 2020--John Wu, CEO with Novalis Innovative Flooring, and Kemp Harr discuss global business conditions in light of COVID-19 and the progress No
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