Consumer demand for single-family homes is holding strong, buoyed by steady job growth, income gains and low unemployment in many parts of the country.
Karastan is celebrating 90 years of innovation and history at its Eden, N.C., facility where the company’s first rug flowed from the power loom on April 8, 1928.
Phenix joined United Way and other local companies in kicking off the new campaign year with the annual Kickoff Block Party and CEO Trike Race, where Clayton, with the help of Phenix employees, competed tricycle to tricycle.
In June, the Supreme Court changed the landscape of online shopping in a 5-4 ruling allowing state governments to oblige retailers beyond their borders to collect sales-tax revenue from consumers in an effort to level the playing field between online and brick-and-mortar retailers.
Gauged porcelain tile panels have enjoyed robust growth for the past five years commercially, and interest is steadily gaining momentum in the residential market.
Craig Menear, president and CEO of Home Depot, attended a question-and-answer session presented at the Goldman Sachs 25th Annual Global Retailing Conference, where he talked about the retailer’s plan to invest $11 billion in both its brick-and-mortar and digital experience, as well as streamlining its B2B and professional distribution services.