| | | Aug 15, 2023 / The Right News Right When It Happens | | Top Story | | | | Mohawk & Mohawk Group Shifting to Net 30 Terms | | Calhoun, GA, August 15, 2023-Mohawk and Mohawk Group are shifting to net 30 terms. | | |
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| | 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%. | | |
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| | | | 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. | | |
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| | | | 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). | | |
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| | | 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. | | |
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| | | 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. | | |
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| | | 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. | | |
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| | | 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. | | |
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| Featured Video | | | | Keith Hughes Discusses His Outlook for Growth Within the Flooring Business | | August 14, 2023—Keith Hughes, managing director with Trust, and Kemp Harr discuss the outlook for growth in the flooring business by segment. Li | | |
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