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Stats 2023: Tile flooring price increases buoy dollar sales

Floor Covering News

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. However, while dollar sales were up, much of that came from price increases and inflationary pressures. Volume experienced a slight decrease overall. billion square feet.

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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. Over the past decade, the 48-year-old company got into the SPC game in a huge way, becoming the second-largest supplier of that product in the U.S. That’s our expertise.

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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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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. Ukraine is a major exporter of agricultural commodities such as wheat and corn, and the conflict has disrupted production and export capabilities.