Floor Covering News

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., In 2024 you’ll probably see some targeted growth in the West Coast.”

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Floor Covering News

JUNE 14, 2023

Starnet members continue to report strong backlogs, and warehouses are bursting the walls with products that need to be installed.” As the industry nears the halfway point of 2023, commercial flooring sales are tracking to sustain moderate growth, industry watchers say, with some end use segments faring better than others.

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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. It was, however, a sizeable 23% increase in sales from 2020’s $2.844 billion when the category experienced its first decline since 2009 amid the Great Recession. Category experts agree the U.S. year-to-date.

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Floor Covering News

APRIL 30, 2024

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 A third of professionals surveyed expect moderate sales growth, with overall revenues expected to be up between 3%-7%. Visit flooringsummit.com to register.

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Study Survey Sales Industry 111

Floor Covering News

NOVEMBER 13, 2023

September sales data shows that light vehicle retail sales soared in the third quarter, while hardware stores were weak. Admittedly, the seasonal rise to date in total retail sales is below each of the last four years, but not by much. Specifically, total retail sales were up 2.9% So, what does ITR predict for 2024?

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Floor Covering News

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. We’re starting off very well.

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Flooring Sales Ohio Jacksonville 85

Floor Covering News

APRIL 15, 2024

Reports of robust consumer spending on travel and entertainment has continued to boost U.S. That’s according to dealers who reported a mostly flat Q1. Consumer spending on foreign trips and live entertainment rose by nearly 30% in 2023, The Washington Post reported. What’s more, consumers spent $145.5

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Floor Covering News

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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Survey Report Washington Sales 105

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

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. But with mortgage rates running above 7% since mid-August, per Freddie Mac data, many builders continue to reduce home prices to boost sales.

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Survey Sales Washington Report 105

Floor Covering News

DECEMBER 20, 2022

Our latest survey shows 62% of builders are using incentives to bolster sales, including providing mortgage rate buy-downs, paying points for buyers and offering price reductions. and for the first time since April, builders registered an increase in future sales expectations.

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Floor Covering News

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

OCTOBER 9, 2023

These leaders will have full responsibility for all aspects of the residential business, including builder, multi-family and retail sales, along with inventory management for their respective regions. All leaders will report to Scott Sandlin, executive vice president of Shaw’s residential business unit. “As

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Sales Canada Strategy Report 52

Floor Covering News

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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Floor Covering News

DECEMBER 21, 2023

D ealers can parlay this into a profit at point of sale because SolidTech Plus is the ideal choice for any room, even spaces with water, dampness, humidity and more. Omnify+ made its market debut in 2023 and places more innovation, greater sales results and world-class support at the fingertips of its subscribers.

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North America Tools Adhesive Sales 59

Floor Covering News

MARCH 2, 2023

Whether that’s a rise in retail sales for the month of January or an uptick (albeit a slight bump) in quarterly GDP, there are reasons to be genuinely optimistic. Following is an overview of some of the key economic reports, along with expert commentary. showed January retail sales (excluding automobiles) rose 2.3% in December.

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Floor Covering News

MAY 3, 2023

The Baltic birch plywood challenge put stress on everyone from an availability, cost and communication point of view,” said Brad Williams, vice president of sales and marketing, Mirage. hardwood flooring suppliers that source from Southeast Asia—particularly Vietnam—report no hiccups in terms of availability, delivery or compliance. “We

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Floor Covering News

NOVEMBER 2, 2021

The West Coast is especially vibrant as top-tier distributors Galleher and Tri-West, for example, are reporting revenue increases of 50% or more on the strength of acquisitions, territory expansions and overall strong activity. 2 ranked wholesaler with 2021 sales projected at $335 million. based FlorStar Sales (No. based E.J.

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Floor Covering News

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. Retail sales trends. One of the many leading indicators ITR Economics examines in its forecasting models is retail sales trends. in the month of April vs. 2.1%

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