Floor Covering News

JUNE 27, 2022

flooring industry to post record gains as shoppers continued to spend on home improvements in lieu of lavish vacations. flooring industry went on a wild ride dating back to third quarter 2020, which carried through to the end of 2021. In 2021, the average selling price of all flooring was $1.33. increase in 2021.

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Floor Covering News

APRIL 18, 2022

The show itself, while slightly lagging behind in attendance compared to pre-pandemic years, was awash with flooring suppliers, dealers, distributors, designers and architects who were excited to get back to business and meet their partners and peers face-to-face to build business in 2022. According to the report, U.S. There was 2.23

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Floor Covering News

MAY 18, 2021

In the second quarter of 2020, residential carpet sales plummeted 23% in volume and 27.4% When all the numbers were crunched for 2020, FCNews research shows overall carpet sales fell 12.5% Total area rug sales fell an estimated 2% to $2.576 billion in 2020, according to industry estimates. billion in 2019. share of total volume.

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Floor Covering News

JUNE 26, 2023

That’s how some industry observers might describe the commercial flooring industry in 2022, which continued to emerge from the wreckage of a global pandemic to experience a vibrant rebirth. Commercial flooring rebounded as sales increased 13.1% billion in 2021 to $7.34 billion in 2022, Floor Covering News research shows.

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Floor Covering News

JUNE 29, 2023

F or the second year running tile flooring experienced sales growth after its 2020 decline, which had been the category’s first decrease in several years. Tile flooring was up mid-double digits in dollars in 2022 compared to 2021’s high single-digit increase. That’s a substantial increase over 2021 when it grabbed 11.5%

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Floor Covering News

DECEMBER 15, 2021

By Ken Ryan Some flooring retailers have referred to 2021 as the “best/worst year ever”—a record sales campaign achieved despite myriad challenges that hamstrung many dealers, leading to record back logs. Despite his comments, Phillips’ businesses achieved record sales in 2021. It not only came back, it flourished!”

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Floor Covering News

MAY 20, 2021

Confidence in the market for new multifamily housing increased in the first quarter of 2021, according to results from the Multifamily Market Survey (MMS) by the National Association of Home Builders (NAHB). The post Multifamily construction improves in Q1 2021 appeared first on Floor Covering News. Washington D.C.—Confidence

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Floor Covering News

SEPTEMBER 3, 2020

The stay-at-home economy continues to buttress the flooring industry as remodeling projects surge. With few exceptions, flooring retailers continue to report strong activity as they enter the final four months of what has been an unprecedented 2020. Brian’s Flooring & Design in Birmingham, Ala., A split consensus .

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Floor Covering News

APRIL 26, 2023

Shaw’s corporate sustainability report highlights the company’s progress and focus on putting people at the heart of its efforts. In addition to this progress, the report focuses on the company’s commitment to its sustain[HUMAN]ability strategy—putting people at the heart of its efforts.

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Floor Covering News

JULY 15, 2021

As the pandemic raged on for the next 16 months, it looked as if the 2021 NWFA Expo —slated to take place in what was until recently a still largely shuttered Baltimore—might also be in jeopardy of cancellation. AHF Products’ Brian Carson, Wendy Booker and Brian Parker preview the new Dogwood line from Bruce Hardwood Floors.

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Floor Covering News

MAY 28, 2020

That’s according to anecdotal information provided by industry executives FCNews contacted for its annual Main Street market report. Other industry executives report similar experiences and observations. based New Dimension Hardwood Floors. Such was the case with Eugene, Ore.-based Now, all that seems to be accelerating. “In

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Floor Covering News

JUNE 26, 2023

Such were the main challenges that defined 2022 for civilization in general and the flooring industry in particular. Still, flooring once again was able to continue its positive trajectory in dollar sales, which it has done every year since the Great Recession of 2008-09 except for the pandemic-impacted 2020. over the $6.5

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Floor Covering News

MARCH 1, 2022

By Ken Ryan—F ollowing what for many was a record-setting 2021 for top-line sales, flooring dealers say another memorable year can be attained despite rising inflation. retail sales rose in January by a seasonally adjusted 3.8%, according to the Census Bureau. The bigger picture bears that out as U.S.

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Floor Covering News

MARCH 15, 2021

By Steven Feldman Atlanta—After a few stops and starts, the 2021 Southeast Flooring Market (SEFM) kicked off in earnest here last week amid strict safety protocols. Outside of the four-city Mohawk Roadshows, the event marked the return of in-person regional markets for the flooring industry. We want to sell face to face.’

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Floor Covering News

MARCH 1, 2022

By Ken Ryan—Bob Duke, owner of Floor Magic —with locations in Rockport and Damariscotta, Maine—thought he was simply joining a buying group when he signed on with Floors & More two years ago. He spoke to my wife and me that evening and came back the next morning with a multi-page report of ways to improve our situation.”.

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Floor Covering News

APRIL 16, 2021

Brandon Pindell, software consultant for RollMaster, conducted a demo for retailers at the Southwest Flooring Market in Arlington, Texas. Arlington, Texas—Flooring retailers from 15 states turned out for the Southwest Flooring Market (SWFM), held April 8-9 at AT&T Stadium, home of the Dallas Cowboys.

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Floor Covering News

NOVEMBER 14, 2022

During the pandemic, 61% of remote workers reported experiencing trouble unplugging. Large brands are expected to introduce print products this year, particularly as the paper shortages from 2021 begin to rebound. Two Sides North America reported that 86% of consumers (and safe to say retailers as well) favor print over digital.

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Floor Covering News

MAY 31, 2022

Flooring dealers like Frazier’s Carpet One Floor & Home said despite some dips in store traffic, business is up over 2021’s record period. Flooring dealers remain enthusiastic that business activity will continue to grow heading into the summer season overcoming a slew of economic headwinds.

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Floor Covering News

JANUARY 12, 2021

Flooring retailers reported sales of carpet improved sharply last year—in part due to the home renovation surge ushered in by the COVID-19 pandemic as well as technology improvements that have created a more desirable product. Engineered Floors. Shaw Floors. By Ken Ryan.

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Floor Covering News

MARCH 21, 2022

Cali Floors. Cali Floors has proven to be a trusted partner for retailers in the face of hardship. This strategy has worked for the brand given that it has grown substantially over the last few years—including its recent acquisition by global flooring company Victoria PLC—and continues to expand its specialty retail network.

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Floor Covering News

APRIL 22, 2021

Due to extensive congestion in the ports, reports show product shipments may be delayed for several more weeks to come. By Ken Ryan The freight delays that began in earnest in February 2020 have worsened over the ensuing months, according to reports. There likely won’t be any significant easing of demand from Asia to the U.S.

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Floor Covering News

JULY 14, 2022

R esidential carpet sales grew an impressive 17.2% in 2021, according to FCNews estimates, while the average selling price rose 7% last year and 12.7% For these room-by-room purchases, the consumer is looking for something that really complements the hard surface floors running through the main living areas of the home.

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Floor Covering News

OCTOBER 31, 2022

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. .

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Floor Covering News

JUNE 22, 2021

Daltile’s Defend tile line features Microban technology to attract consumers looking for healthy, clean floor products. By Megan Salzano Ceramic tile is one of only two truly aspirational product categories available in flooring today—hardwood being the other. In fact, purchases of high-end homes in the U.S. That’s compared to the 17.8%

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Floor Covering News

JUNE 9, 2020

That’s according to anecdotal information provided by industry executives FCNews contacted for its annual Main Street market report. Other industry executives report similar experiences and observations. based New Dimension Hardwood Floors. These considerations, suppliers say, factor into the flooring material selection process.

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Floor Covering News

MAY 17, 2021

flooring industry was spared—for the most part. Add that to “The Great Migration” as people moved away from big cities and into the suburbs and the result was an acceptable year for the flooring industry. Not only did 2020 floor covering dollars escape the wrath of the pandemic, so, too, did square footage.

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Floor Covering News

FEBRUARY 28, 2022

“Clearly that drove some of the attendance, but we have also a strong following wherever we go, and I think that really is a testament to the sales leadership we have in each of the regions where we held the events,” Bartley noted. “We The post Report card on Mohawk’s 2022 Roadshows: A+ appeared first on Floor Covering News.

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Floor Covering News

FEBRUARY 25, 2022

Confidence in the market for new multi-family housing improved in the fourth quarter of 2021, according to results from the Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB). Even though the MOI fell six points to 69, it remains as high as it’s been at any time prior to the second quarter of 2021.

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Floor Covering News

SEPTEMBER 21, 2021

By Ken Ryan—N othing—not a global supply chain slowdown, labor shortage or delta variant—has put a crimp in sales for flooring dealers as they enter the fall season with gale-force winds at their backs. Multiple retailers say they are up double digits in 2021 vs. 2020, and for many 2020 was their historical high-water mark for sales.

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Floor Covering News

JUNE 26, 2023

That’s how some industry observers might describe the commercial flooring industry in 2022, which continued to emerge from the wreckage of a global pandemic to experience a vibrant rebirth. Commercial flooring rebounded as sales increased 13.1% billion in 2021 to $7.34 billion in 2022, Floor Covering News research shows.

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Floor Covering News

APRIL 20, 2021

.— FCNews is in attendance as all but four NFA members converge on Barnsley Gardens, here, to discuss new products and marketing strategies for 2021 at the NFA spring meeting. A key indication that 2021 is going to continue to be a record breaking year for the industry, despite some ongoing challenges. gather outdoors.

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Floor Covering News

JULY 30, 2021

NAHB’s Housing Trends Report (HTR) found that 64% of prospective home buyers in the second quarter of 2021 expect that finding the right home will be harder in the months ahead, compared to 54% in the last quarter of 2020. million from May to June 2021—buyers are still hampered with rising home prices. Midwest: 23% vs. 19%.

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Floor Covering News

FEBRUARY 10, 2020

From the abundance of news products, tools and merchandisers on the show floor—to the bevy of educational sessions in the meeting rooms—there were more than enough enticements to get retailers to make the trip. “We The show floor was busy all three days of the event. In addition to that, the Natural Stone Pavilion saw some action.

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Floor Covering News

NOVEMBER 29, 2023

D ue to a change promulgated by the American Rescue Plan of 2021, small businesses that are utilizing digital payment services such as PayPal, Venmo, Cash App, etc., Any third-party settlement provider accepting credit cards on behalf of the business and putting money into the business’ bank account will have to be reported to the IRS.

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Floor Covering News

APRIL 22, 2020

During the Great Recession more than a decade ago, housing was the sector that took the brunt of the economic fallout—a realization every flooring principal doing business at the time knows all too well. Pre-pandemic, the LIRA pointed to a healthy rebound in home remodeling spending with annual growth of 3.9%

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Floor Covering News

JUNE 28, 2022

The stars were aligned for the carpet category in 2021 as a confluence of factors produced gains not likely to be duplicated in the near future. When all the numbers were tabulated for 2021, FCNews research found that overall carpet sales grew 11.5% to $8.201 billion compared with $7.355 billion carpet sales in 2020.

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Floor Covering News

DECEMBER 28, 2021

By Ken Ryan Flooring retailers remain optimistic that the record sales achieved in 2021 will carry over into the first part of 2022, suggesting that demand for flooring continues to outweigh supply chain disruptions, inflation and COVID-19 variants.

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