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Aug 15, 2023 / The Right News Right When It Happens

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Mohawk & Mohawk Group Shifting to Net 30 Terms

Calhoun, GA, August 15, 2023-Mohawk and Mohawk Group are shifting to net 30 terms.

Today's Flooring News

Home Depot Q2 Sales Down 2.0% YOY, Earnings Down 9.9%

Atlanta, GA, August 15, 2023-The Home Depot reported Q2 2023 sales of $42.9 billion for the, a decrease of 2.0% from Q2 2022’s $43.8 billion. Comparable sales for Q2 2023 decreased 2.0%, and comparable sales in the U.S. decreased 2.0%.

Steve Sieracki Named SVP of Flooring Businesses with CCA Global Partners

Manchester, NH, August 15, 2023-CCA Global Partners announced that longtime flooring executive Steve Sieracki has been named senior vice president for Flooring America, Flooring Canada, International Design Guild, and The Floor Trader divisions.

Builder Confidence Fell Six Points to 50 in August

Washington, DC, August 15, 2023—Builder confidence in the market for newly built single-family homes in August fell six points to 50, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).

July Retail Sales Rose 0.7% in from June, Up 3.2% YOY

Washington, DC, August 15, 2023—Advance estimates of U.S. retail and food services sales for July 2023 were $696.4 billion, up 0.7% from the previous month and up 3.2% above July 2022, according to the U.S. Census Bureau.

Import Prices Rose 0.4% in July, Export Prices Rose 0.7%

Washington, DC, August 15, 2023—Prices for U.S. imports advanced 0.4% in July following a 0.1% decline the previous month, the U.S. Bureau of Labor Statistics reported.

Chilewich Names Melissa Villa SVP of Contract Sales

New York, NY, August 15, 2023—Chilewich is pleased to announce the appointment of Melissa Villa as senior vice president of contract sales.

Distrib. Trade Sales & Manufacturer Shipments Down 0.1% in June

Washington, DC, August 15, 2023—The combined value of distributive trade sales and manufacturers’ shipments for June was estimated at $1,818.6 billion, down 0.1% from May 2023 and was down 3.1% from June 2022, according to the U.S. Census Bureau.