Floor Covering News

MAY 17, 2021

NRF Distributors is a family-owned floor covering products distributor based in Augusta, Maine. Atlanta, Ga.—LG Hausys Floors announced a new partnership with NRF Distributors, a family-owned floor covering products distributor based in Augusta, Maine. NRF will be the exclusive distributor for LG Hausys Floors’ expansive lineup of premium residential and commercial luxury vinyl tile (LVT) and stone plastic composite (SPC) products.

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Floor Covering News

MAY 17, 2021

By Steven Feldman A nother year, another statistical issue in the can. We are publishing this report about six weeks earlier than our typical end-of-June time frame because we didn’t want this labor-intensive issue hanging over our heads as we headed into Surfaces. The big difference from years past was that when we embarked on this project a few months ago, we really had no idea how the numbers would turn out after the pandemic basically battered the second quarter.

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Floor Covering News

MAY 17, 2021

Atlanta—On May 13, Floor & Décor, a multichannel specialty retailer operating 140 warehouse-format stores across 32 states, entered into a definitive agreement to acquire 100% of Spartan Surfaces, a leading end-to-end commercial flooring specifying distribution company, for consideration of up to $90 million. Spartan Surfaces, headquartered in Bel Air, Md., will operate as a subsidiary of Floor & Decor Holdings, Inc., and will continue to be led by the Spartan Surfaces senior management

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Floor Covering News

MAY 17, 2021

Certified Carpets Distribution. Montmagny, Québec? Mercier presented its annual awards last March, recognizing and rewarding partners who have distinguished themselves in terms of sales performance and representation in the U.S. market in 2020. The winners are as follows: Distributor of the Year – Certified Carpets Distribution. Certified Carpets Distribution has been a long-time partner of Mercier and won the Distributor of the year award. “Certified Carpets Distribution is a valuab

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Floor Covering News

MAY 17, 2021

Lancaster, Pa.—Ecore is now offering a continuing education unit (CEU) focused on unwanted sound as a public health hazard. The CEU program, titled “Secondhand noise: Can flooring solve the problem?” is designed to increase awareness of the impact of sound and how savvy flooring specifications can help stop noise at the source, the company said. Ideal for architects, designers and building and facility owners in housing, healthcare, fitness and other settings, this course dives into the consider

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Floor Covering News

MAY 17, 2021

By Roman Basi I f you are a business owner who received PPP funds but did not utilize them on your tax return, there are things you need to know. The IRS publicized a “safe harbor” for certain companies that received first-draw Paycheck Protection Program (PPP) loans but did not deduct any of the original qualified expenses because they relied on direction issued before the execution of the Consolidated Appropriations Act, 2021 (CAA), in December 2020.

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Floor Covering News

MAY 17, 2021

By Steven Feldman There is no denying that 2020 was a year unlike no other. The COVID-19 pandemic wreaked havoc across the globe, leaving destroyed economies and industries in its wake. Remarkably and fortunately, the U.S. flooring industry was spared—for the most part. As consumers were forced to cancel lavish vacations and were stuck at home staring at old decors, they pivoted to home improvements as the avenue to spend their money.

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Floor Covering News

MAY 17, 2021

Washington, D.C.—It’s not just lumber. The rapidly rising prices for other heavily relied upon building materials are causing widespread concerns throughout the housing industry , according to The National Association of Home Builders (NAHB). . While skyrocketing lumber prices (up more than 300% from April 2020) have dominated industry headlines over the past year, the prices for other materials like steel, concrete and gypsum products all continue to climb at a record pace, the NAHB said.

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