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NFA members extol benefits of event’s format

Floor Covering News

For vendors, it is that rare opportunity to hobnob with 43 of the most influential flooring retailers in the industry over four hours. Larry Flick of The Floor Store (left), discusses product with Kris Flaherty of Flooringlines. Rose Carpets & Flooring, with three Massachusetts locations, agreed.

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Shaw Residential talks multi-phase product rollout

Floor Covering News

Dalton—This year Shaw Residential embarked on a new approach to its product launches. Rather than unveil everything in January at its regional markets, Surfaces or buying group events, Shaw is taking a phased approach to its bevy of product intros for 2021. So, shifting from shows to a year-long launch process is a smart decision.”.

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Freight woes force dealers to adjust on the fly

Floor Covering News

By Ken Ryan The California ports of Los Angeles and Long Beach have been overburdened by container imports over the last few months, resulting in a logjam of freight that has led to product shortages and delays for flooring retailers, mostly in the LVT category. From his location in Anaheim, Calif., Distributors chime in.

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Housing affordability drops to 10 year low

Floor Covering News

Ongoing production challenges and the likelihood of higher interest rates in the months ahead as the Federal Reserve moves to tighten interest rates threaten to drive housing affordability even lower in 2022, according to the NAHB. For the fifth straight quarter, Los Angeles-Long Beach-Glendale, Calif. There, just 7.5%

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NAHB: Housing affordability holds steady

Floor Covering News

To keep affordability problems from worsening in the future, policymakers need to tackle supply-chain challenges that are hindering new home production,” Dietz said. For the fourth straight quarter, Los Angeles-Long Beach-Glendale, Calif., remained the nation’s least affordable major housing market. There, just 8.3% Napa, Calif.

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Port congestion issues likely to persist in 2022

Floor Covering News

Major retailers worry they won’t have products on their shelves during the all-important fourth quarter. But this bottleneck is old news for the flooring industry, which has been dealing with it in earnest since the outset of the COVID-19 pandemic. And it has only gotten worse. 1) and the plants in China close down.”.

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Housing affordability nears two-year low

Floor Covering News

As builders look to ramp up production, the work-at-home trend is contributing to a suburban shift , meaning that buyers have additional market power to shop for affordable markets.”. In descending order, they included Los Angeles-Long Beach-Glendale; Anaheim-Santa Ana-Irvine; San Diego-Carlsbad; and San Jose-Sunnyvale-Santa Clara.