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Sep 14, 2023  /  The Right News Right When It Happens
Top Story
Diverzify Acquires Arizona-Based Wholesale Floors
Atlanta, GA, September 14, 2023)—Diverzify, a commercial flooring and interior services provider, is proud to announce its strategic acquisition of Arizona-based Wholesale Floors.
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Today's Flooring News
Schönox Forms Partnership with Patriot Flooring Supplies
Florence, AL, September 14, 2023-Patriot Flooring Supplies has partnered with Schönox HPS North America to provide the full Schönox subfloor solutions line across its seven locations in the South Florida region.
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August Retail Sales Rose 0.6% from July, Up 2.5% YOY
Washington, DC, September 14, 2023—Advance estimates of U.S. retail and food services sales for August 2023 were $697.6 billion, up 0.6% from the previous month and up 2.5% above August 2022, according to the U.S. Census Bureau.
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Producer Prices Rose 0.7% in August
Washington, DC, September 14, 2023—The Producer Price Index for final demand increased 0.7% in August, seasonally adjusted, after rising 0.4% in July, the U.S. Bureau of Labor Statistics reported.
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Domotex Featuring Sustainability Focus for Second Year
Hannover, DE, September 14, 2023-The upcoming event, which takes place from January 11 to 14, 2024, will once again focus on sustainability, circular economy and environmental protection in the carpet and flooring industry.
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Flor Celebrating 20 Years, Launches Celebratory Collection
Atlanta, GA, September 14, 2023—Flor, an area rug brand for homes, offices, and every space in between, announces the launch of Heritage Collection by Flor, created to honor and celebrate the brand’s 20th anniversary.
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Initial Jobless Claims Rose by 3,000 in Week Ending September 9
Washington, DC, September 14, 2023—In the week ending September 9, the advance figure for seasonally adjusted initial claims was 220,000, an increase of 3,000 from the previous week's revised level, according to the Department of Labor
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NAR Reports on Top Factors Limiting Prospective Homebuyers
Washington, DC, September 14, 2023—The current real estate market's high home prices and mortgage rates, as well as limited inventory, are the top reasons that Realtors and prospective homebuyers across races and ethnicities cite as barriers to purchasing a home, according to two new reports from the National Association of Realtors.
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Distrib. Trade Sales & Manufacturer Shipment Rose 0.6% in July
Washington, DC, September 14, 2023-The combined value of distributive trade sales and manufacturers’ shipments for July was estimated at $1,828.4 billion, up 0.6% from June 2023, but was down 1.2% rom July 2022.
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Featured Video
Pierre Thabet Discusses Mirage's 40 Years of Success in Hardwood Flooring
August 14, 2023—Pierre Thabet, President of Boa Franc, and Kemp Harr discuss the strategy behind the company’s 40 years of successful grow
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