Floor Covering News
JANUARY 28, 2021
The hikes prompted the World Floor Covering Association (WFCA) to remind flooring retailers that just because they pay more than minimum wage doesn’t mean they can ignore the increases. FCNews contacted more than a dozen flooring retailers in states that are seeing minimum wage increases. Most of these changes took effect Jan.
Floor Covering News
MARCH 14, 2022
With inflation comes some fear consumers will have less disposable income for purchases like flooring. Not until late 2025 and into 2026.” As demand settles to a more sustainable level, there will still be plenty of need for flooring. The cost to fill up a large SUV these days is greater than some countries’ GDP.
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Floor Covering News
JANUARY 23, 2024
Since many of them will already be employed by 2025 and 2026, your company’s best chance to find new employees or poach from a competitor will be in 2024. We know that shopping for floor covering is often a terrible user experience, and most retailers don’t have much ability to change that. economy and jobs.
Floor Covering News
JANUARY 24, 2024
That was the main thrust of a pair of informative economic keynote presentations delivered by ITR Economics last fall during the North American Association of Floor Covering Distributors+ North American Building Materials Distribution Association (NAFCD+NBMDA) conference. Outlook on U.S. Lowering interest rates will help.
Floor Covering News
AUGUST 24, 2022
A few months ago Bauwerk Group, a Switzerland-based manufacturer of hardwood flooring that also owns the Boen brand, purchased the prefinished side of Somerset Hardwood Flooring , the company founded by Steve Merrick in 1990 as a supplier of unfinished goods. I’m looking on the floor. And that’s a whole different perspective.
Floor Covering News
JULY 6, 2022
And for 2026, we’re forecasting a macroeconomic recession, but nothing along the lines of a Great Depression. The post Economics: ITR forecast signals return to ‘normalized’ growth appeared first on Floor Covering News. “There’s no reason for it, no reason to be worried about it,” Beaulieu stated. Just a regular old recession.
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