Floor Covering News

NOVEMBER 2, 2022

Dalton—Novalis Innovative Flooring released its 2021 Sustainability Report, an important milestone in the manufacturer’s ongoing mission toward creating products that keep humans healthy and the earth habitable. Our DPPs are on track for a 2023 release, one year ahead of the EU’s 2024 deadline. The full report can be found here.

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JANUARY 11, 2024

Hannover, Germany—MeasureSquare, a provider of innovative flooring takeoff estimation solutions, is participating in Domotex 2024. Attendees will have the chance to see a live demo of its best-selling products, such as MeasureSquare Commercial Edition, a flooring takeoff estimating software designed to help users win more bids.

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Floor Covering News

JANUARY 11, 2024

Hannover, Germany—MeasureSquare, a provider of innovative flooring takeoff estimation solutions, is participating in Domotex 2024. Attendees will have the chance to see a live demo of its best-selling products, such as MeasureSquare Commercial Edition, a flooring takeoff estimating software designed to help users win more bids.

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Floor Covering News

DECEMBER 17, 2021

In its 12th annual environmental, social and governance report, Mohawk Industries stressed its commitment to innovating for a better tomorrow through strategic initiatives that are better for people, the planet and the business’ performance. Calhoun, Ga.—In According to Mohawk, it’s carpet collections in the U.S.

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MARCH 20, 2024

This year’s fair was held from February 26-March 1, 2024 at Feria Valencia, located in Valencia’s center city. The post Tile of Spain celebrates Cevisama 40th anniversary appeared first on Floor Covering News.

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JUNE 14, 2023

Environmental consciousness factors heavily into the products selected for commercial flooring applications. Coming off a year where many companies reopened or resumed normal business hours, the commercial flooring industry is poised to capitalize on this momentum. Pictured is Mohawk Group’s Fractal Fluency. A s the U.S.

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FEBRUARY 5, 2024

Las Vegas—Members and select vendors of the Floors & More group gathered here a day prior to the start of TISE 2024 for its annual convention. We are not going to slow down at all; we are going to put the pedal to the metal in 2024,” Vinnie Virga Jr., vice president of Floors & More, told attendees. explained. “I

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JANUARY 16, 2024

Following a turbulent 2023 —which saw sharp declines in demand and home prices—falling mortgage interest rates and positive economic data signal improving housing conditions as 2024 kicks off. Freddie Mac reported 30-year fixed-rate mortgages fell under 7% for the first time in four months. and 5% in each of the four U.S.

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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 Economic recovery in 2024 will lead to a return to growth in multifamily starts.”

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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. Volume experienced a slight decrease overall. billion square feet.

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MARCH 4, 2024

Retailers like 3 Kings, pictured here, report spending is robust for those with more disposable income. If the first two months are any indication, flooring retailers may be in for a pleasant surprise in 2024, with early returns showing home improvement/remodeling activity picking up in several locations.

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JANUARY 3, 2024

Under his leadership, Valley View Granite has also participated in NSI’s Industry-Wide EPD report for countertops and donated to the Natural Stone Foundation. The post Blake Christensen appointed to NSI executive committee appeared first on Floor Covering News. Thank you for letting me serve.”

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APRIL 30, 2024

Hardwood flooring’s loss of market share to competing hard surfaces over the past 10-15 years is well catalogued and documented. The experience was much the same at the Kährs space, where Renee Tester, vice president of marketing, reported brisk traffic and busy appointments, especially on opening day. “We

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Floor Covering News

DECEMBER 7, 2023

—The Polyurethane Foam Association (PFA), a trade association founded in 1980 to help educate foam users, allied industries and other stakeholders , has named its officers and executive committee for 2024. He supervises all research and development projects, reporting to the company’s chief executive officer.

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APRIL 15, 2024

Reports of robust consumer spending on travel and entertainment has continued to boost U.S. gross domestic product (GDP) in recent quarters, but that outlay has not trickled down to the flooring sector to the same degree. That’s according to dealers who reported a mostly flat Q1. Flooring retailers in the U.S.

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NOVEMBER 13, 2023

O nce again, your friendly neighborhood flooring publisher is here to debunk another media-created fallacy that is designed to generate eyeballs and clicks and, potentially, negatively impact your business. And one thing we know is that when people relocate, they tend to immediately spend on home improvements—flooring being one of them.

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DECEMBER 1, 2023

by Jacqueline Rapisardi Following on the heels of its successful summer convention, Floors & More is gearing up for its 2024 winter conference, scheduled to take place Jan. vice president of Floors & More. “We vice president of Floors & More. 22–24 in Las Vegas, two days prior to the start of Surfaces.

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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. million units, according to a report from the U.S. The ceramic flooring category is disproportionately impacted by this crisis when compared to others due to its need for highly skilled—not just skilled—labor.

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NOVEMBER 20, 2023

The index and all its components are scaled so that a number below 50 indicates that more respondents report conditions are poor than report conditions are good. The index and all its components are scaled so that a number above 50 indicates more respondents report that occupancy is good than report it is poor.

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SEPTEMBER 28, 2022

There are several different initiatives taking place over the next few years that are going to significantly impact the future of resilient flooring,” he said. We hope to achieve this by 2024.”. The post Novalis’ Capobianco leads sustainability charge appeared first on Floor Covering News.

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SEPTEMBER 14, 2023

T hree years ago, Roomvo began its free University Webinar series in an effort to support flooring dealers through the struggles created by the COVID-19 pandemic. EST, for the “State of the Industry Report.” The post FCNews set for Roomvo online event appeared first on Floor Covering News. 28, at 4 p.m.

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MAY 18, 2021

Despite this crash, carpet still remains the largest flooring segment, accounting for 48.4% of the overall 18.969 billion square-foot flooring market in 2020. Just five years ago, for example, carpet/rugs made up 60% of the flooring industry in terms of volume. Flooring, including carpet, got a share of that spend.

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NOVEMBER 20, 2023

million units, according to a report from the U.S. range, we are forecasting gains for single-family home building in the months ahead and an outright gain for construction in 2024.” The post Single-family starts flat in October appeared first on Floor Covering News. Overall housing starts increased 1.9% Census Bureau.

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NOVEMBER 28, 2023

No one is expecting floor covering distributors to post banner sales numbers for 2023—certainly not in an environment marked by high inflation and a slumping new home construction market. If you’re on the non-residential side of the street, you’re going to be doing very well in 2024 but you’re going to see some pain in 2025.”

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Floor Covering News

DECEMBER 21, 2023

These awards honor groundbreaking ideas and industry-changing concepts that have the potential to impact the way flooring is manufactured, promoted and sold. As the click system ensures perfect alignment of the tiles, installation of a FlinTile floor does not require any specific tools or the use of spacers.

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NOVEMBER 29, 2023

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. But now, if you receive more than $600 in total in 2023—regardless of how many customers are paying—your payment service is required to report that amount to the IRS.

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DECEMBER 20, 2022

The silver lining in this HMI report is that it is the smallest drop in the index in the past six months, indicating that we are possibly nearing the bottom of the cycle for builder sentiment,” Dietz said. million units and future, lower mortgage rates anticipated with the Fed easing monetary policy in 2024,” he said.

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JANUARY 19, 2023

While single-family housing is showing a double-digit percentage gain, NAHB reports multi-family production is decreasing. million units in December, according to a report from the U.S. We expect a sustainable decline for mortgage rates in the second half of this year, which should lead to a housing recovery in 2024.”

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NOVEMBER 5, 2021

.— A construction labor shortage is a key limiting factor for improving housing inventory and affordability, according to the Home Builders Institute’s (HBI’s) Fall 2021 Construction Labor Market Report released today. From 2022 through 2024, this total represents a need for an additional 2.2 million new hires for construction.”.

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Floor Covering News

NOVEMBER 21, 2023

NAHB is forecasting approximately a 5% increase for single-family starts in 2024 as financial conditions ease with improving inflation data in the months ahead. In November, 36% of builders reported cutting home prices, up from 32% in the previous two months.

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OCTOBER 9, 2023

All leaders will report to Scott Sandlin, executive vice president of Shaw’s residential business unit. “As 1, 2024, while brand, customer and sales enablement, and pricing and revenue leaders will begin immediately. The post Shaw announces residential leadership changes appeared first on Floor Covering News.

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MARCH 2, 2023

Following is an overview of some of the key economic reports, along with expert commentary. A newly released report from the Bureau of Economic Analysis, a division of the U.S. But perhaps the most intriguing aspect of the monthly retail sales report is no category saw a decline. So, what does it all mean? Commerce Dept.,

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Floor Covering News

NOVEMBER 11, 2021

.— A construction labor shortage is a key limiting factor for improving housing inventory and affordability, according to the Home Builders Institute’s (HBI’s) Fall 2021 Construction Labor Market Report released today. From 2022 through 2024, this total represents a need for an additional 2.2 million new hires for construction.”.

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Floor Covering News

DECEMBER 11, 2023

“The new Mohawk PureTech product is going to be the hottest product in 2024,” said Don Lovato, owner of Carpet Source USA, Albuquerque, N.M. “It Others report similar experiences. Finally, there is innovation in flooring we can get behind.” Chris Kemp, owner of Kemp’s Dalton West Flooring in Newnan, Ga.,

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Floor Covering News

MAY 3, 2023

Many of the new Mirage hardwood flooring offerings for 2023 will be built on a new engineered platform. Triangulo Hardwood Floors uses Brazilian pine that we sustainably manage on our own property in Brazil,” said Philip Key, the company’s vice president of sales and marketing. Pictured is Dreamville oak.

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NOVEMBER 2, 2021

By Ken Ryan— D espite myriad challenges, many flooring distributors are benefiting from the continued strength of the home improvement/retail sector as well as the SPC/rigid core category to post healthy gains in 2021—with some wholesalers up 50% or more from 2020. 2 ranked wholesaler with 2021 sales projected at $335 million.

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JULY 6, 2022

I can understand where the growing lack of confidence comes from, and there is no need to disparage those who collect and report the data. Despite the current economic climate, ITR is not changing its forecast for continued growth—albeit slower growth—through 2024.

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