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Builders cut prices, offer incentives

Floor Covering News

—As the housing market has slowed rapidly over the past several months, builders have increasingly been reducing prices and offering special sales incentives—but nowhere near the same rate as during the 2007-2008 Great Recession when the housing sector cratered, according to the National Association of Home Builders (NAHB).

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35th Anniversary: 35 people under 40

Floor Covering News

While flooring is still largely ruled by well-established legends and pioneers, there’s a new generation in town. Millennials are making a name for themselves in the flooring game, taking the lead on everything from marketing to retail ownership to product design. CEO/president, Nonn’s Kitchen Bath & Flooring. Jason O’Krent.

Sales 98
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Stats 2023: Carpet stagnates in 2022

Floor Covering News

After the feel-good story that was the 2021 statistical year for carpet—when a COVID-19-led rally helped catapult residential sales to double-digit percentage gains— the pendulum swung the other way in 2022. When all the numbers were tabulated for 2022, Floor Covering News research found that overall carpet sales grew a scant 0.5%

Sales 98
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Florida Tile Inc. Announces GREENGUARD Certification

H.Winter Showroom Blog

Nov 28, 2007 09:00 ET LAKELAND, FL--(Marketwire - November 28, 2007) - Always an innovator in the ceramic tile industry, Florida Tile is pleased to announce that it is the first tile manufacturer to have its products certified for low chemical emissions by the GREENGUARD Environmental Institute (GEI). SOURCE: Florida Tile Inc.

Florida 40
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Stats 2023: Carpet stagnates as LVT gains

Floor Covering News

After the feel-good story that was the 2021 statistical year for carpet—when a COVID-19-led rally helped catapult residential sales to double-digit percentage gains— the pendulum swung the other way in 2022. When all the numbers were tabulated for 2022, Floor Covering News research found that overall carpet sales grew a scant 0.5%

Sales 52
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Leaders distance themselves from the pack

Floor Covering News

Following what for many was a record 2021 , flooring distributors weren’t certain what to expect in 2022 given inflationary pressures, interest rate hikes and recessionary fears. As it unfolded, the majority of FCNews ’ Top 20 distributors are forecasting sales increases for 2022, including a few with double-digit jumps. .

Sales 98
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Wood: There’s nothing like the real thing

Floor Covering News

By Reginald Tucker—After several years of losing market share to wood-look products, wood flooring is regaining momentum. That’s according to research conducted by the National Wood Flooring Association (NWFA), which estimates solid wood floors saw a 20% increase in 2021, ending the year with the highest share rate since 2007.