WFB EditorsNewsLumber Liquidators Earns $12 Million in Q1 2020Lumber Liquidators reported a net income of $12 million in the first quarter of 2020 after losing $4.9 million during the same time period last year. Net sales for the quarter rose 0.4% to $267 million.May 29, 2020NewsMafi Becomes First Hardwood Flooring Manufacturer to Earn LPC CertificationMafi announced it has become the first wood flooring manufacturer to earn Living Product Challenge (LPC) certification for the sustainability of its wood floors.May 29, 2020NewsStudy: Brazil Lost 4,633 Square Miles of Forest in 2019; 99% of Clearing was IllegalA new study found Brazil lost 4,633 square miles of forest in 2019, and that 99% of the deforestation was illegal, the Guardian reports.May 29, 2020NewsApril Pending Home Sales Plunge in Largest Decline Since 2001Pending home sales sank 21.8% month-over-month in April and 33.8% year-over-year, the National Association of Realtors (NAR) reported. It is the largest decline since NAR began tracking national contract signings in 2001.May 29, 2020NewsWFB Briefs: Construction Spending Down 2.9%; AHF Wins Design Awards; Horizon Adds Marketing Team MemberApril construction spending fell 2.9%, the U.S. Census Bureau reports. Year-over-year, construction spending is down 3.0%. The full report can be found here.May 29, 2020NewsDeadline Approaching: Enter the 2020 WFB Outstanding Retailer AwardsMay 27, 2020NewsColorado Wood Coatings VOC Limit of 275 Now In EffectWood coatings in Colorado, including those used for wood flooring, now have a VOC limit of 275 grams per liter.May 26, 2020NewsApril New Home Sales Rise 0.6% After Large Drop in MarchAfter a sharp 15.4% decline in March, new home sales ticked upward 0.6% in April to a seasonally adjusted annual rate of 623,000, the U.S. Census Bureau reported.May 26, 2020News‘Remarkably Stable’ Home Prices Increase 4.4% in MarchHome prices rose 4.4% year-over-year in March, according to CoreLogic Case-Shiller Indices, an increase from February’s 4.2% annual gain.May 26, 2020NewsWFCA Encourages Flooring Installers to Use COVID-19 Liability WaiversAs more parts of the country ease COVID-19 restrictions, the World Floor Covering Association (WFCA) is recommending flooring installers have clients sign COVID-19 liability waivers before beginning work.May 26, 2020Previous PagePage 145 of 982Next PageTop StoriesRetailThriving Through Innovation: See the Winners of the 2025 WFB Outstanding Retailer AwardsFrom reimagined showrooms and mobile studios to thoughtful mentorship, employee empowerment and social media marketing, these WFB Outstanding Retailers are proving that personalized service is key to long-term success.TechniquesUseful Advice When Dealing With Pine FlooringContractingHow I Do These Jobs: Refinishing DecksNewsRecognizing Wood Floor Contractors: Enter the 2025 Ultimate Wood Floor Guy/Gal ContestSponsor ContentMisconceptions About Film-Forming Wood Floor Finishes
