| | | Aug 17, 2022 / The Right News Right When It Happens | | Top Story | | | | Lowe's Q2 Sales & Earnings Flat YOY | | Mooresville, NC, August 17, 2022-Lowe's reported net sales of $27.5 million for Q2 2022, a .3% decline compared to sales of $27.6 million in Q2 2021. | | |
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| | Today's Flooring News | | | | July Retail Sales Flat from June but Up 10.3% YOY | | Washington, DC, August 17, 2022—Advance estimates of U.S. retail and food services sales for July 2022 were $682.8 billion, virtually unchanged from the previous month but 10.3% above July 2021, according to the U.S. Census Bureau. | | |
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| | | | AHF Forms Relationship with Belknap-Haines | | Mountville, PA, August 17, 2022—AHF Products announced that flooring distributor Belknap-Haines will be the distributor of Armstrong brand flooring resilient products in Ohio, Indiana, and Kentucky, effective immediately. | | |
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| | | | Mortgage Applications Declined 2.3% in Week Ending August 12 | | Washington, DC, August 17, 2022—Mortgage applications decreased 2.3% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending August 12, 2022. | | |
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| | | Shaw to Sponsor Bright Spark 2022 Invention Challenge | | Dalton, GA, August 17, 2022—Shaw is a contributing sponsor for Bridge Innovate’s Bright Spark 2022 Invention Challenge. | | |
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| | | Powernail Supporting FCEF Basic Flooring Installation Program | | Dalton, GA, August 17, 2022—The Floor Covering Education Foundation (FCEF) has formed a partnership with Powernail that will provide technical schools with the tools needed to launch a Basic Flooring Installation program. | | |
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| | | Crossville Recognized by KBB Magazine | | Crossville, TN, August 17, 2022—Crossville Inc. was recently recognized with a Readers’ Choice Award by KBB Magazine in the Kitchen Flooring segment. | | |
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| | | Distributor Sales & Manufacturer Shipments Rose 1.3% in June | | Washington, DC, August 17, 2022—The combined value of distributive trade sales and manufacturers’ shipments for June was estimated at $1,858.1 billion, up 1.3% from May 2022 and was up 14.5% from June 2021, according to the U.S. Census Bureau. | | |
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| Featured Video | | | | Jonathan Cohen Discusses Stanton's Acquisition of Floors 2000 | | August 17, 2022—Jonathan Cohen, CEO with Stanton Flooring, and Kemp Harr discuss current business conditions and Stanton’s recent acquisit | | |
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