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Nov 04, 2021  /  The Right News Right When It Happens
Top Story
Artisan Design Group Acquires Accents & Interiors
Dallas, TX, November 3, 2021-Artisan Design Group (ADG), a portfolio company of The Sterling Group, has acquired Accents & Interiors (A&I). Headquartered in Woodinville, Washington, A&I is a provider of flooring and solid surfaces in the Northwestern United States.
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Today's Flooring News
LL Flooring Net Sales Rose 4.6% in Q3, Income Declined
Richmond, VA, November 4, 2021—Lumber Liquidators/LL Flooring announced Q3 2021 net sales of $282.2 million, a decrease of 4.6% compared to Q3 2020’s $295.8. Double-digit growth in pro and services sales partially offset a decrease in DIY sales.
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Tarkett Repositions Residential Business as Tarkett Home
Solon, OH, November 4, 2021—Tarkett has announced it is repositioning its residential business through new branding and added resources to better align to the needs of its residential customer base.
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Initial Jobless Claims Declined by 14 to 269K in Last Week of October
Washington, DC, November 4, 2021—In the week ending October 30, the advance figure for seasonally adjusted initial claims was 269,000, a decrease of 14,000 from the previous week's revised level, according to the Department of Labor.
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Labor Productivity Fell to 40-Year Low in Q3
Washington, DC, November 4, 2021—Nonfarm business sector labor productivity decreased 5.0% in Q3 2021, the U.S. Bureau of Labor Statistics reported, as output increased 1.7% and hours worked increased 7.0%.
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Trucking Posing an Additional Snarl in the Supply Chain
New York, NY, November 4, 2021—A critical, often-overlooked link in the supply chain is emerging as a stubborn choke point in the freight-backlog mess: trucking, reports the Wall Street Journal.
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Goods & Services Deficit Expanded by $8.1B in September
Washington, DC, November 4, 2021—The goods and services deficit was $80.9 billion in September, up $8.1 billion from $72.8 billion in August, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced.
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Featured Video
Doug Davis Discusses ADG's Business and its Most Recent Acquisition
November 4, 2021—Doug Davis, president of Artisan Design Group, and Kemp Harr discuss the health and growth of ADG’s business, which posit
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