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Executive forecast 2024: No signs of stopping resilient flooring

Floor Covering News

Despite headaches within the economy —namely high interest/mortgage rates— resilient flooring suppliers are pointing to continued growth in 2024. Dick Quinlan senior VP sales and marketing, Wellmade What is your projection for the category in 2024? In residential, resilient flooring will continue to grow in market share in 2024.

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Exclusive: MSI sees opportunities amid challenges

Floor Covering News

Raj Shah, MSI co-CEO M S International, more commonly known as MSI, started making headlines about 15 years ago as an affordable source of ceramic tile and stone. Overall, sales growth was a bright spot. Will flooring wind up in the black this year? My brother enjoys the countertop side more; I enjoy the flooring side much more.

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Stats 2021: Laminate picks up right where it left off in 2020

Floor Covering News

The resurgent laminate flooring category continued on its upward trajectory in 2021 as sales reached $1.304 billion, FCNews research shows. That $1.304 billion also represents the highest level of laminate sales seen since 2006. That $1.304 billion also represents the highest level of laminate sales seen since 2006.

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Industry disrupters 2024: Internal factors, external forces upend status quo

Floor Covering News

In flooring, it can be as explosive as developing completely new product formulations that offer consumers features/benefits not previously available—we’re looking at you, WPC. This year’s Floor Covering News “Industry Disrupters” 2024 issue features all manner of players that are—or are poised to—shake things up. Changing the rules.

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MSI’s Shah outlines his strategy for success

Floor Covering News

According to their son, Raj Shah, president, it’s in the company’s DNA to continuously find ways to engineer methodologies in logistics, product innovation and merchandising and marketing strategies to make flooring and countertops more affordable and accessible to the consumer without sacrificing manufacturer or retailer profitability.

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STATS: SPC segment continues to lead the charge

Floor Covering News

By Megan Salzano While 2020 was anything but ordinary, there was one thing the flooring industry could count on: the continued popularity of the resilient category. It will come as no surprise that resilient—led mostly by the rigid core/SPC sub-segments —once again registered gains while many other flooring categories in 2020 did not.

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Industry Disrupters 2022: Shattering the status quo

Floor Covering News

Cali Floors. Cali Floors has proven to be a trusted partner for retailers in the face of hardship. This strategy has worked for the brand given that it has grown substantially over the last few years—including its recent acquisition by global flooring company Victoria PLC—and continues to expand its specialty retail network.