Floor Covering News
JUNE 26, 2023
The war in Ukraine that created a global energy crisis. Still, flooring once again was able to continue its positive trajectory in dollar sales, which it has done every year since the Great Recession of 2008-09 except for the pandemic-impacted 2020. With that said, unit sales remain at its fourth-highest level ever. over the $6.5
Floor Covering News
AUGUST 30, 2023
Overall, sales growth was a bright spot. MSI, just like everyone, got over-inventoried because we assumed sales would continue to grow. What about the war in Ukraine? It’s a really unfortunate circumstance for the people of Ukraine, and we as a company continue to stand by them. That’s our expertise.
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Floor Covering News
APRIL 3, 2022
These include rising inflation , higher raw materials pricing amid inconsistent availability and, now, a war in Ukraine that has threatened the supply of so many goods and services, including Russia-sourced birch lumber that goes into the core layer of many engineered hardwood flooring products sold globally today.
Floor Covering News
MARCH 21, 2022
Even before Russia invaded Ukraine, oil and gas prices were on the rise as demand for fuel oil and other energy products outstripped tight global supplies. While the Stainmaster sale was jolting—and ticked off many dealers initially—the vast majority who did business with Stainmaster seized the opportunity to market other fiber systems.
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