Breaking Flooring News

Tarkett Total Revenue Declined 4.3% in Q1, Down 7.1% in NA Segment

Paris, FR, April 29, 2024—Tarkett reported net revenue of 668 million Euros for Q1 2024, down 4.3% compared to Q1 2023.

Total Construction Starts Down 1% in March

Bedford, MA, April 29, 2024—Total construction starts fell 1% in March to a seasonally adjusted annual rate of $1.06 trillion, according to Dodge Construction Network.

NTCA Names 2024 Five-Star Contractor Project Award Winners

Jackson, MS, April 29, 2024-The National Tile Contractors Association (NTCA) unveiled the recipients of the Five-Star Contractor Project of the Year Awards at Coverings 2024.

J&R Tile Named Winner of NTCA Community Impact Award

Jackson, MS, April 29, 2024-At Coverings, The National Tile Contractors Association (NTCA) introduced a new award to honor members who donate their time, material, and energy in their community by bringing the community together with the use of tile.

Multifamily Market Has Hit a Lull

Charlotte, NC, April 29, 2024—“Multifamily work has been very strong for several years for building products/durable goods producers/distributors offsetting the square footage downturn.

Lawmakers Hope to Stop Wall Street from Buying U.S. Homes

New York, NY, April 29, 2024—"Wall Street went on a home-buying spree. Now, more lawmakers want to stop it from ever happening again,” reports the Wall Street Journal.

Carpet Designer Bob Hutchison Has Died

Lookout Mountain, TN, April 29, 2024—Bob Hutchison, vice president of global design at Milliken & Company, died April 15. He previously held positions with Collins & Aikman, Shaw Lees, Mohawk and Mannington.

Gluth Bookeeper Sentenced to Three Years Jail Time

Seattle, WA, April 29, 2024—"The former bookkeeper of a Mukilteo, Washington flooring company was sentenced in U.S. District Court in Seattle to three years in prison for four counts of wire fraud, one count of aggravated identity theft, and one count of conspiracy, announced U.S. Attorney Tessa M. Gorman,” reports Justice.gov.

Jon Pertchik Named CEO of Andmore, Succeeding Maricich

Las Vegas, NV, April 29, 2024-Andmore, an omnichannel marketplace for wholesale buyers and sellers, announced the appointment of Jonathan (Jon) Pertchik as chief executive officer, and the promotion of Dorothy Belshaw to president.

Mohawk Sales Declined 3.6% in Q1, Earnings Up 6.2%

Calhoun, GA, April 26, 2024-Mohawk announced net sales of $2.7 billion for Q1 2024, a 3.6% decline from Q1 2023’s $2.8 billion.

April Consumer Sentiment Down 2.8% from March, Up 21.2% YOY

Ann Arbor, MI, April 26, 2024-Consumer sentiment for April declined 2.8% to 77.2 from March, according to final results from the University of Michigan Survey of Consumers.

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