Floor Covering News
AUGUST 20, 2020
And there’s a good reason why: Despite the reinstatement of 25% tariffs on all vinyl flooring made in China, dealers say the LVT category—led by rigid core/SPC— continues to dominate sales in 2020. for example, roughly one-third of its stocking LVP SKUs are from China; the remaining two-thirds are sourced from Vietnam, South Korea or the U.S.,
Floor Covering News
JUNE 29, 2022
After experiencing declines in both sales and square footage in 2019 and 2020, the U.S. FCNews research shows wood flooring sales at the first point of sale in 2021 totaled a record $2.67 Hardwood’s performance in 2021 helped the category increase its share of total floor covering sales, albeit slightly, to 10%.
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Floor Covering News
FEBRUARY 7, 2022
Today, the company more commonly known as MSI is eclipsing the $2 billion mark in annual sales and leveraging that volume into providing more value to the end consumer. How does sourcing from countries beyond China and Vietnam benefit the retailer? Is demand for ceramic and porcelain and stone equally as strong?
Floor Covering News
MAY 19, 2021
FCNews research shows the category generated $6.589 billion in sales (not including rubber) in 2020—an industry-leading 21.3% In terms of volume, the category accounted for 5.455 billion square feet (not including rubber) at the first point of sale, a 19.5% of sales vs. 2019’s 45.1%. Existing home sales grew to 5.64
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