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Multifamily market poised for a turnaround

Floor Covering News

“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.”

Report 52
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Geberit Group reports EBITDA growth

Ceramics of Italy

decrease in net sales to CHF 3,084 million (corresponding to a 4.8% The sales increase recorded by Geberit in 2022 in Europe was not replicated last year due to the challenging situation in the construction sector. www.geberit.com L'articolo Geberit Group reports EBITDA growth proviene da ceramica.info.

Report 52
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NWFA: Near-record crowd represents highest turnout in 20 years

Floor Covering News

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.

Study 111
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Third annual FCNnovation award winners announced

Floor Covering News

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. The exclusive Generations Intact 2500 finish goes beyond conventional protection, setting a new standard for durability. But that ’ s not all.

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STATS: Carpet rebounds after dismal Q2

Floor Covering News

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%.

Sales 98
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NAFCD 2023: Forecast shows improvement over long term

Floor Covering News

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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Latest software rollouts help dealers up their digital game

Floor Covering News

As we started thinking about our 2024 roadmap, we got back to the basics with a practical and direct approach to planning—we spoke with our customers,” explained Todd Saunders, CEO. “We Measure Square CRM streamlines retail flooring measure estimating to the sales process, so retailers can close more sales with faster turnaround times.