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Tariffs can’t derail LVT’s momentum

Floor Covering News

More than 65% of LVP at Frazier’s Carpet One Floor & Home comes from outside China. The United States Trade Representative’s (USTR) decision to not include floor covering among items granted exemption from the Section 301 tariff was greeted with a collective shrug by flooring retailers. 24, 2018 to Aug. As the Aug.

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Stats 2021: Price hikes, organic growth drive wood’s increases

Floor Covering News

After experiencing declines in both sales and square footage in 2019 and 2020, the U.S. hardwood flooring market orchestrated a dramatic turnaround in 2021. FCNews research shows wood flooring sales at the first point of sale in 2021 totaled a record $2.67 billion, a head-turning increase of 21% over 2020.

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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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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.