Articles
Q1 Kitchen & Bath Remodel Market Strong, Says NKBA
The National Kitchen & Bath Association (NKBA) released its Kitchen & Bath Market Index (KBMI) for Q1 of 2022. The quarterly report, which is aimed at measuring the health of the kitchen and bath industry, found that the industry enjoyed a successful opening quarter of the year, growing 12.6% in Q1, with industry professionals expecting further growth as the year continues. Read More
Demographic trends & the US flooring industry
One of the largest problems is the rapidly aging demographics facing developed economies. For an economy to grow, there must be a balance of consumers and producers. This balance necessitates a growing population that skews to the younger end of the spectrum. An aging populace creates a lack of producers and tends to grind down growth as workers retire and begin pulling money and other resources from the economy. Read More
Economic Headwinds Loom Large
The last five years saw some of the most cataclysmic changes in society and the economy since the Great Recession. And the last two years were even more tumultuous. Between the global pandemic, an ominous war abroad and major swings in consumer mood and sentiment, it’s hard to pick what the most significant event is. Indeed, there’s a meme going around that says, “When they said history repeats itself, I wasn’t expecting all of the 20th Century in the last two years.” Read More
The Italian tile industry is weathering the “perfect storm”
From the uncertainties surrounding gas availability and prices to the race to replace Ukrainian raw materials. The Italian ceramic tile industry is facing the challenge of rising costs against the backdrop of a very buoyant market. Read More
The Tile Shop Sales Rose 11.3% in Q1, Income Declined 34%
The Tile Shop announced net sales of $102.5 million for Q1 2022, an 11.3% increase compared to sales of $92.1 million in Q1 2021. Read More