| Nov 21, 2022 / The Right News Right When It Happens | Top Story | | B.I.G to Cease Belgian Tufted Carpet Operations | Waregem, Belgium, November 19, 2022—Beaulieu International Group’s (B.I.G.) Beaulieu Flooring Solutions Business Unit announced its intention to discontinue its Belgian tufted carpet operations. | |
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| Today's Flooring News | | 3 Peloton Cofounders Launching Direct-to-Consumer Rug Business | New York, NY, November 19, 2022—John Foley, Hisao Kushi and Yony Feng—three co-founders of Peloton—are starting a direct-to-consumer venture custom rug business called Ernesta. | |
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| | FCEF Meeting Provides Update on Efforts to Tackle Installer Shortage | Nashville, TN, September 21, 2022-The Floor Covering Education Foundation (FCEF) board met Thursday and Friday in Nashville. | |
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| | Multifamily Confidence Declined in Q3 | Washington, DC, November 21, 2022—The prospects for continued high levels of multifamily development declined significantly in the third quarter, as did the prospects for continued high occupancy rates, according to results from the Multifamily Market Survey (MMS) released by NAHB. | |
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| Inflation Cutting into Americans' Pandemic Savings | New York, NY, November 21, 2022—"It is the $1.7 trillion question for the U.S. economy: How long can the savings consumers built up during the pandemic keep their spending going?,” reports the Wall Street Journal. | |
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Featured Video | | Scott Sandlin Discusses Business Conditions and Shaw's St. Jude Team Participation in Memphis | November 21, 2022—Scott Sandlin, EVP over Shaw Industries residential business, and Kemp Harr discuss the pace of business now and outlook for g | |
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