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Industry disrupters 2024: Internal factors, external forces upend status quo

Floor Covering News

This year’s Floor Covering News “Industry Disrupters” 2024 issue features all manner of players that are—or are poised to—shake things up. On the retail side, 31st Street Capital, a family-owned holding company that was founded in October 2018, has already acquired six flooring retailers—the last being Sam Kinnaird Flooring last year.

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Pat Oakley named president of Mullican Flooring

Floor Covering News

In 2017, Oakley was promoted to vice president of marketing and led various strategic initiatives, including rebranding the company in 2018. Johnson City, Tenn.—Pat Pat Oakley has become the president of Mullican Flooring, a leading U.S. manufacturer of hardwood flooring , effective Jan.

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STATS: Carpet rebounds after dismal Q2

Floor Covering News

According to a Congressional Budget Office report, the number of employed Americans won’t return to pre-pandemic levels until 2024—even as the broader economy is expected to fully recover by the middle of 2021. Just as carpet is experiencing a renaissance of sorts, the same kind of activity is seen in rugs.

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