| | | May 24, 2017 / The Right News Right When It Happens | | Top Story | | | | Sales Rise 10.7% for Lowe's in Q1 but Earnings Fall 46% | | Mooresville, NC, May 24, 2017ÂLowe's reported net earnings of $602 million Q1 2017, compared to net earnings of $884 million in Q1 2016. | | |
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| | Today's Flooring News | | | | Architecture Billings Index Remains Positive in April | | Washington, DC, May 24, 2017ÂThe American Institute of Architects (AIA) reported the April ABI score was 50.9, down from a score of 54.3 in the previous month. This score still reflects an increase in design services. | | |
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| | | | Existing-Home Sales Fell 2.3% in April, Up 1.6% YOY | | Washington, DC, May 24, 2017ÂTotal existing-home sales dipped 2.3% to a seasonally adjusted annual rate of 5.57 million in April from a downwardly revised 5.70 million in March. Despite last month's decline, sales are still 1.6% above a year ago and at the fourth highest pace over the past year, according to the National Association of Realtors. | | |
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| | | | Armstrong Announces 2016 Elite Retailers of the Year | | Lancaster, PA, May 24, 2017ÂArmstrong Flooring is excited to announce its 2016 Elite Retailers of the Year: goldÂBaker Brothers; silverÂRiemer Floors; and bronzeÂWorldWide Wholesale, as well as honorable mentions for United Flooring Group and Floor Covering Associates. | | |
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| | | StainMaster PetProtect Makes Emotional Appeal to Pet Owners | | Atlanta, GA, May 24, 2017ÂWith its PetProtect flooring, Stainmaster makes an emotional appeal to the countryÂs nearly 85 million families with pets, hoping to eliminate the fear of occasional pet messes and enable pet owners to feel that no room in the house needs to be off limits. This is important to pet parents, who consider their pets part of the family. | | |
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| | | Marazzi Opens First Showroom in London | | London, UK, May 24, 2017ÂItalian brand Marazzi will launch its first showroom in London at the end of May 2017, in the heart of Clerkenwell, one of the most renowned design hubs worldwide. | | |
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| | | Jaipur Living Relocating to New Headquarters this Summer | | Norcross, GA, May 24, 2017ÂThis summer will see Jaipur Living relocate to its new home in Acworth, GeorgiaÂa $12 million, 180,000-square-foot facility housing the companyÂs headquarters and distribution center. | | |
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| Featured Video | | | | A.J. Boyajian Discusses His Family's Strategic Decision to Acquire the Williston Weaves Brand | | June 24, 2017—A.J. Boyajian, a partner in A.J. Rose Carpets and Floors, and Kemp Harr discuss the family's decision to add the Williston Weaves | | |
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