Articles
Vinyl Flooring Imports Declined 6.7% YOY in May
Imports of vinyl flooring saw a decrease in May, down 6.7% year over year, but this follows a notable increase of 28.9% year over year last month, reports Truist. Read More
Stats 2023: Laminate resurgence drives sales higher
The momentum that the U.S. laminate flooring category generated in late 2020 and throughout 2021 continued to positively impact segment sales in 2022. Floor Covering News research shows the U.S. laminate flooring market generated approximately $1.382 billion in sales last year at the first point of sale—an uptick of 6% over the year prior. In terms of volume, the category grew at a slightly slower rate (4.5%), reaching roughly 1.098 billion square feet. The disparity in growth rates, industry observers say, can be attributed to slightly higher costs related to production/shipping, as well as more of an emphasis on better quality goods—those in the 10mm to 12mm range versus activity at the opening price point associated with 7mm products. Read More
RēCo 2023: Vinyl
Inside this edition are the ReCo results for the vinyl category. Each year, Floor Covering Weekly commissions third-party research company The Wayman Group to conduct a nationwide survey of retailers. The Wayman Group is an independent marketing research and consulting firm with more than 40 years of experience. Read More
RēCo 2023: LVT
Inside this edition are the ReCo results for the LVT category. Each year, Floor Covering Weekly commissions third-party research company The Wayman Group to conduct a nationwide survey of retailers. The Wayman Group is an independent marketing research and consulting firm with more than 40 years of experience. Read More
Ceramic Tile Report Floor Focus : March 2023
For several years now, the U.S. ceramic market has been going through a period of transition with the expansion of U.S. manufacturing, removal of Chinese imports from the market through tariffs, significant instability in raw material sourcing and increases in raw material costs, and developments in technology that have enabled advancements in aesthetics and formats. And over the course of the last year, the market has worked to fi nd its footing as a result of these dynamics. At the same time, ceramic manufacturers and importers are fighting the same battles that many other flooring categories are—working to maintain ceramic’s market share, as LVT continues to steal square footage from virtually all other flooring categories; seeking solutions to the shortage of flooring installers; and communicating its value to the various end user groups, many of which do not yet understand that, while costly up front, ceramic carries a significant useful life, offers great durability, and has a strong green story. Read More
Floor & Decor Holdings, Inc. Announces Fourth Quarter and Fiscal 2022 Financial Results
Floor & Decor Holdings, Inc. (NYSE: FND) (“We,” “Our,” the “Company,” or “Floor & Decor”) announces its financial results for the fourth quarter and fiscal year ended December 29, 2022. Read More
Selling rigid core at retail
WPC, SPC and now MgO — has been growing dramatically in the U.S. and that continued in 2022. There are clear reasons for its trajectory — engaging visuals and performance attributes that meet consumer needs. Here, two leading retailers share their strategies for selling rigid core products. Read More