| | | Nov 14, 2023 / The Right News Right When It Happens | | Top Story | | | | October Inflation Flat with September | | Washington, DC, November 14, 2023—The Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in October on a seasonally adjusted basis, after increasing 0.4% in September, the U.S. Bureau of Labor Statistics reported. | | |
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| | Today's Flooring News | | | | Home Depot Sales Down 3% in Q3, Earnings Down 12.2% | | Atlanta, GA, November 14, 2023—The Home Depot reported sales of $37.7 billion for Q3 2023, a decrease of 3.0% from Q3 2022. Comparable sales for Q3 2023 decreased 3.1%, and comparable sales in the U.S. decreased 3.5%. | | |
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| | | | Sullivan's F9 Investments Makes Another Bid for LL Flooring | | Richmond, VA, November 14, 2023—"LL Flooring Holdings Inc., formerly known as Lumber Liquidators, received Tuesday a buyout bid from private equity firm F9 Investments LLC that values the wood floors maker at about $92.6 million,” reports MarketWatch. | | |
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| | | | NAFCD 2023 Convention Underway Now in Colorado Springs | | Chicago, IL, November 14, 2023-The 2023 NAFCD + NBMDA annual convention begins today in Colorado Springs, Colorado, running through November 16. | | |
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| | | Small Business Optimism Declined to 90.7 in October | | Washington, DC, November 14, 2023—The small business Optimism Index decreased 0.1 points in October to 90.7, marking the 22nd month below the 50-year average, reports NFIB. The last time the Optimism Index was at or above the average was December 2021. | | |
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| | | FCEF Kicks Off 100 in 100 Installer Training Scholarship Promotion | | Dalton, GA, November 14, 2023-Through a new promotion named "100 in 100," the Floor Covering Education Foundation (FCEF) will offer scholarships to cover the full cost of tuition for installation training to 100 individuals in 100 days. | | |
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| | | Shaw Rolls Out Coretec Resource Center | | Dalton, GA, November 14, 2023-Coretec, Shaw’s premier brand specializing in waterproof LVP and mineral core floors, has introduced a new Coretec Resource Center on retailers’ account management platform, ShawNow. | | |
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| | | Holiday Spending Expected To Rise, But Economic Uncertainty Looms | | Stevens, PA, November 14, 2023-"Retailers and the consumers on whom they depend are rushing headstrong into the holiday shopping season, facing a level of economic uncertainty that they haven’t experienced since 2007, right before the Great Recession hit,” reports Unity Marketing. | | |
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| Featured Video | | | | Lee Blair Discusses Winning Icon of Year Hospitality Award | | November 14, 2023—Lee Blair, VP Americas at Milliken, and Kemp Harr discuss Lee’s recognition last night as the NEWH Icon of the Year in t | | |
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