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Dec 13, 2022 / The Right News Right When It Happens

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Second Mohawk Edge 2022 Meeting Underway Now in Nashville

Nashville, TN, December 13, 2022-The second Mohawk Edge meeting began yesterday in Nashville, Tennessee at the Opryland Hotel, running through Thursday.

Today's Flooring News

Inflation Eased to 7.1% in November

Washington, DC, December 13, 2022—The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.1% in November on a seasonally adjusted basis, after increasing 0.4% in October, the U.S. Bureau of Labor Statistics reported. Over the last 12 months, the all items index increased 7.1% before seasonal adjustment.

Sika Makes Minority Investment in Schönox HPS

Florence, AL, December 13, 2022-Schönox HPS North America and Sika Corporation further strengthened their strategic alliance, announcing Sika’s minority investment in the Florence, Alabama-based firm.

Shaw Raises More Than $467,000 for St. Jude

Dalton, GA, December 13, 2022—Shaw reports its St. Jude Memphis Marathon Team has raised more than $467,000 and counting to support the St. Jude Children’s Research Hospital.

LL Flooring to Open 4 Stores in '23, Resume Stock Repurchase Plan

Richmond, VA, December 13, 2022—LL Flooring, formerly Lumber Liquidators, provided a business update in advance of investor meetings, noting the company’s plans to slow new store openings and recommence share repurchases in 2023 under its existing share repurchase program.

Small Business Optimism Inched Up 0.6 Points to 91.9 in November

Washington, DC, December 13, 2022—Inflation remains the top business problem for small business owners, with 32% of owners reporting it as their single most important problem in operating their business, five points lower than July’s highest reading since the fourth quarter of 1979.