| | | May 18, 2021 / The Right News Right When It Happens | | Top Story | | | | Dixie Group Q1 Sales Up 7.1% | | Dalton, GA, May 18, 2021-The Dixie Group reported net sales of $86.3 million for Q1 2021, an increase of 7.1% compared to $80.6 million in Q1 2020. | | |
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| | Today's Flooring News | | | | Home Depot Sales Rose 32.7%, Earnings Rose 84.6% in Q1 | | Atlanta, GA, May 18, 2021—The Home Depot reported sales of $37.5 billion for Q1 2021, an increase of 32.7% from Q1 2020’s $28.3 billion. | | |
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| | | | Milliken Announces Price Increase on Soft Surface & Resilient | | Spartanburg, SC, May 18, 2021—Milliken will initiate a 4% to 8% price increase for its commercial soft surface flooring and an increase of 10% to 12% for resilient flooring to take effect June 15. | | |
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| | | | April Housing Starts Slid 9.5% from March but Rose 67.3% YOY | | Washington, DC, May 18, 2021—Privately-owned housing starts in April were at a seasonally adjusted annual rate of 1,569,000, 9.5% below the revised March estimate of 1,733,000 but 67.3% above the April 2020 rate of 938,000, according to the U.S. Census Bureau. | | |
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| | | Mannington & BPI End Distribution Relationship | | Memphis, TN, May 18, 2021—BPI and Mannington will part ways. | | |
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| | | LG Hausys Floors Forms Partnership with NRF Distributors | | Atlanta, GA, May 18, 2021—LG Hausys Floors announced a new partnership with NRF Distributors, a family-owned floorcovering products distributor based in Augusta, Maine. | | |
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| | | Nearly Every Metro Area Experienced Home Price Increase in Q1 | | Washington, DC, May 18, 2021—Nearly every metro area tracked by the National Association of Realtors—99%—recorded year-over-year price increases in the first quarter of 2021, according to the latest quarterly report released by NAR. | | |
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| | | B.I.G. Unveils ColorMind Yarn Technology | | Wielsbeke, Belgium, May 18, 2021—B.I.G. Yarns is unveiling ColorMind, a new high-end loop-pile for contract and automotive carpets. | | |
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| | | Amorim Cork Establishes Business Unit in Canada | | Mississauga, ON, May 18, 2021—Amorim Cork Flooring has expanded into Canada with a new sales unit Amorim Flooring Canada, located in Mississauga. | | |
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| Featured Video | | | | Alan Beaulieu Discusses the Outlook For Growth in Flooring Market Based on Economic Conditions | | May 17, 2021—Alan Beaulieu, president of ITR Economics, and Kemp Harr discuss Alan's economic outlook for growth in the flooring markets over th | | |
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