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

Commercial flooring rebounded as sales increased 13.1% billion in 2021 to $7.34 This growth built on momentum witnessed by the industry at the end of 2021 as business conditions improved. flooring sales, according to Floor Covering News research. from roughly $6.5 billion in 2022, Floor Covering News research shows.

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Floor Covering News

JUNE 26, 2023

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. With that said, unit sales remain at its fourth-highest level ever. FCNews research shows commercial flooring sales totaled $7.34

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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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Tile of Spain USA

MARCH 23, 2023

Photo Courtesy of Marcos Soria, Feria Valencia STATE OF THE INDUSTRY During the Tile of Spain Press Conference, held on the first day of the fair, Vicente Nomdedeu, President of The Spanish Ceramic Tile Manufacturer’s Association (ASCER) , echoed the strength of Spain’s ceramic sector, reporting on 2022 production, sales and exports figures.

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Floor Covering News

JUNE 26, 2023

Commercial flooring rebounded as sales increased 13.1% billion in 2021 to $7.34 This growth built on momentum witnessed by the industry at the end of 2021 as business conditions improved. flooring sales, according to Floor Covering News research. from roughly $6.5 billion in 2022, Floor Covering News research shows.

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Floor Covering News

MAY 21, 2021

Continuing its downward trajectory, ceramic tile sales in 2020 experienced a low, single-digit decline in terms of overall dollar sales and similar declines in terms of volume. Ceramic tile sales in 2020 declined roughly 5%. of dollar sales for the gradually increasing hard surface market and 24.6% Imports vs. domestics.

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Floor Covering News

APRIL 6, 2021

Jay has been with Mannington for 29 years, all of them in sales. As seasoned professionals, they were able to strategically plan the production of the 2021 Flooring Markets with safety top of mind after watching similar-sized and larger events convene safely with no outbreaks reported. Jay was born with it.”.

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Floor Covering News

APRIL 6, 2021

Jay has been with Mannington for 29 years, all of them in sales. As seasoned professionals, they were able to strategically plan the production of the 2021 Flooring Markets with safety top of mind after watching similar-sized and larger events convene safely with no outbreaks reported. Jay was born with it.”.

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Floor Covering News

JUNE 13, 2022

Early in [2021], there was little investment in office and hospitality segments in particular,” observed Greg Mather, president of Crossville. billion commercial flooring business, rebounded in 2021 as sales were relatively flat after posting a double-digit falloff the prior year. “I Bureau of Labor Statistics reported.

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Floor Covering News

MAY 17, 2021

The third quarter was strong; the fourth quarter was even better, setting the stage for what has already been an incredible start to 2021. When the dust cleared and all the numbers were counted, total industry sales fell just short of 2019’s numbers at $22.951 billion, a decline of 0.5%. Sure, commercial business took a big hit.

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Floor Covering News

MAY 25, 2021

FCNews research shows commercial flooring revenues (including specified business as well as Main Street sales) totaled $6.134 billion last year—a falloff of 11.1% The corporate market took the biggest hit in 2020 as its share fell from 42% of sales in 2019 to approximately 38% last year. compared to 2019. Hard surface surge continues.

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Floor Covering News

FEBRUARY 17, 2022

“In late 2020, many economists forecasted very conservative growth numbers for 2021 within the strides of a global pandemic,” noted Dan Butterfield, vice president, residential sales, Dal-Tile. multi-family sector in 2021. Other industry observers attested to the performance of the U.S. Unit size is also growing.

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Floor Covering News

JANUARY 24, 2024

“Overall, last year was a challenging year with higher interest rates while people not moving hurt the multifamily and builder business,” said Tracy Wyrick, vice president of sales, builder and multifamily, Engineered Floors. “We We expect it to be better this year with the second half being the strongest.”

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Floor Covering News

NOVEMBER 29, 2023

ceramic market will be down mid-single digits in sales and high single digitals in volume when the calendar flips to 2024. 3.077 billion in 2021), it was buoyed by hefty price increases. That was illustrated by the 1% decrease in volume (to 2.453 billion square feet from 2021’s 2.477 billion square feet). million units, down 9.7%

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Floor Covering News

JANUARY 20, 2022

While single-home production is posting double-digit increases over last year, building materials and labor shortages, housing affordability and backlogs are tempering growth prospects for 2022, observers said. uptick over the same period in 2020, the Census Bureau reported. The top-line sales are there,” FEI Group’s Howerton said.

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Floor Covering News

NOVEMBER 29, 2022

In 2021, ceramic finally saw some relief as the category registered gains for the first time in two years. What’s more promising is total consumption in value, which the TCNA reported as $3.03 versus August 2021. million units in October, according to a report from the U.S. ceramic tile consumption at 2.11 Census Bureau.

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Floor Covering News

APRIL 18, 2022

By Megan Salzano-Birch—Las Vegas— Coverings 2022 was a showcase in innovative product design and immersive technology, which is thriving within the ceramic and stone category today despite obvious obstacles. We’ve had great traffic at the show,” said Micah Hand, director of market- ing and product management, Florida Tile. “I

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Floor Covering News

JUNE 30, 2023

After turning in a stellar performance in 2021 with growth rates in both sales and volume landing in the high double-digits, the U.S. Industry observers attribute the disparity in sales to volume activity primarily to higher material and production costs in the face of slower sales. last year to $2.41

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Floor Covering News

JUNE 28, 2023

Most attempts by builders to bolster sales (i.e., million total in 2021. million unit total from 2021. However, slower activity was not just limited to regions of the country that experienced the fastest production growth over the past year. There was one regional standout in the HBGI report, however.

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Floor Covering News

OCTOBER 19, 2021

Mike Gallman, president of Mohawk Group (second from left) speaks with Geoff Gordon, executive director of Fuse Alliance, during NeoCon 2021. Among the awards, Page was particularly proud of its win in the Sustainability category for Data Tide, a product within Waterways. More than 2 billion plastic bottles are recycled every year.

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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. and units gained 9.5%.

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Floor Covering News

MAY 19, 2021

FCNews research shows the category generated $6.589 billion in sales (not including rubber) in 2020—an industry-leading 21.3% In terms of volume, the category accounted for 5.455 billion square feet (not including rubber) at the first point of sale, a 19.5% of sales vs. 2019’s 45.1%. increase over 2019’s $5.433 billion.

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Floor Covering News

MARCH 9, 2021

FCNews ’ third annual “Industry Disrupters” issue features innovative players and thinkers who are pushing the envelope in terms of product innovations, technological breakthroughs or simply radical new ways of doing business. As of March 1, 2021, the COVID-19 pandemic has killed 2.53 Domestic Production. Coming to America.

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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 Multifamily Production Index (MPI) increased eight points to 51 compared to the previous quarter.

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Floor Covering News

APRIL 17, 2023

As the second quarter begins, dealers are reporting that for the most part business activity has kept pace with previous quarters and, in some instances, has accelerated. “As In fact, many retailers are seeing an uptick in their top-line sales. As he explained, “Retail traffic is down substantially; however, sales are not.

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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

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. After that, sales came back with a fury. “It

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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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Ceramics of Italy

JULY 1, 2022

Ceramiche Piemme reported 12% year-on-year revenue growth in 2021 to reach €80 million and an EBITDA of 12.76%, equivalent to €10.3 In mid-2021, for example, the company set up its American branch Ceramiche Piemme USA which has offices in New York and a logistics hub in Chicago. Net profit exceeded €1.5 compared to 2020. “We

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Floor Covering News

JANUARY 6, 2023

Following are excerpts of the discussion: FCNews : The last time we were all together, at NAFCD 2021, the hot topics of the day were shipping containers on the water; supply chain disruptions; logjams at the ports. Kyle Gorny: Well, insofar as LVT, we’re buying a lot of made-in-America products so it’s a lot easier for us to get.

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Floor Covering News

SEPTEMBER 3, 2020

With few exceptions, flooring retailers continue to report strong activity as they enter the final four months of what has been an unprecedented 2020. Year-to-date, sales in our two retail stores are up a combined 23% over last year.”. Products in demand. LVP continues to be our hottest product,” Taylor said.

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Floor Covering News

MAY 25, 2021

Rising building material costs and low inventory have caused new home sales prices to jump 20% on a year-over-year basis, harming housing affordability and driving down new home sales, according to a report by the National Association of Home Builders (NAHB). Sales of newly built, single-family homes fell 5.9%

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Floor Covering News

FEBRUARY 25, 2021

Retailers told FCNews carpet sales were up during the Mohawk Momentum Roadshow. Other buying groups told FCNews that carpet sales among members have also risen nicely. Carpet’s comeback began during the middle of last year and is expected to continue well into 2021. Shown is Mohawk SmartStrand.

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Floor Covering News

MARCH 24, 2022

It would be an understatement to say that product delays have frustrated distributors like Elias Wilf, which partners with a small core of vendors who source both domestically and globally. “No It’s our job to keep the supply chains open for the retailer and product continuing to flow. Domestically we’ve seen raw material constraints.

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Floor Covering News

JANUARY 16, 2024

“We are forecasting more rapid growth in 2025 with still lower mortgage rates and a persistent housing shortfall.” The housing market, a major driver of residential flooring sales, appears to have passed peak mortgage rates. Freddie Mac reported 30-year fixed-rate mortgages fell under 7% for the first time in four months.

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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. We just had a dealer in Minnesota who worked with a local bowling alley to install one of our click LVT products and get the space in tip top shape for its customers.” Small businesses account for 99.7%

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