Floor Decor Inc., a south Florida big-box flooring retailer headed by former Maxim Group CEO A. J. Nassar, has appointed three new members to the company’s board of directors.
U.S. construction spending posted a modest rise in April, its sixth consecutive monthly gain, to hit yet another record high on a climb in residential construction, according to a government report.
Home Depot Inc. will continue to boost sales and take advantage of opportunities to expand its market share -- in part, through services such as carpet installation -- President and CEO Robert Nardelli told shareholders Wednesday.
The value of new construction contracts in the United States rose 3% in April, supported largely by increases in spending on public buildings and a small jump in contracts for new residential housing, according to F.W. Dodge, a building research division of publisher McGraw-Hill.
The Conference Board's Consumer Confidence
Index, which declined in April, snapped back in May. The Index now stands
at 115.5 (1985=100), up from 109.9 in April.
Sales of new homes fell in April for the first time in three months, but held at a level above the record number sold during the same period three years ago, the U.S. Commerce Department reported.
Consumers and industry professionals will soon be able to note their local floor covering retailers’ degree of proficiency thanks to a new certification program approved by the World Floor Covering Association (WFCA).
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