Articles
Vinyl Flooring Imports Up 0.3% YOY in October
Imports of vinyl flooring saw a very modest increase in October, up 0.3% year over year, following a decrease last month and uneven results this year, reports Truist. Read More
NKBA 2025 Bath Trends Report
The National Kitchen & Bath Association (NKBA) has released its 2025 Bath Trends Report. Comprised of data generated from a survey completed by industry experts including designers, manufacturers, remodelers, architects and more, the NKBA Bath Trends Report provides a look into current and upcoming trends in residential bathrooms. Read More
Kitchen & Bath Business Finishes Flat
The kitchen and bath industry, moving into 2025, should see an upward projection after a flat year according to experts. Reported Tricia Zach, head of research, National Kitchen & Bath Association (NKBA), “Demand for kitchen and bath products and remodeling projects in 2024 was flat, as economic and political uncertainty weighed heavily on U.S. consumers this year.” Read More
Ceramic Tile Imports Declined 5% in First Ten Months of 2024
In the first ten months of the year, total U.S. imports of ceramic tile were 148.7 million square meters, a decline of 5.0% from the same period in 2023 when imports were 156.6 million square meters, according to Grosser Consulting. Read More
Lowe's Q3 Sales Down 1% YOY, Earnings Down 6%
Lowe's reported total sales for Q3 2024 were $20.2 billion, a 1% decline compared to $20.5 billion in the prior-year quarter. Comparable sales for the quarter decreased 1.1%, driven by continued softness in DIY bigger-ticket discretionary demand, which was partly offset by storm-related sales and positive comparable sales in Pro and online. Read More
Ceramic Tile Imports Declined 5.2% YOY in First 9 Months of 2024
In the first nine months of the year, total U.S. imports of ceramic tile were 134 million square meters, a decline of 5.2% from the same period in 2023 when imports were 141.5 million square meters, according to Grosser Consulting. Read More
Tile Shop Sales Down 8.3% in Q3, Income Down 97.7%
The Tile Shop reported Q3 sales of $8.5 million, an 8.3% decline compared to $9.2 million in the same period last year. Comparable sales declined 7.9% in Q3. Read More
The Lack of Qualified Management is the biggest threat to tile and stone industries
The fact is, it isn’t the tile installers that are the problem, it is the management that is the problem. Tile failures are a symptom of a management problem. It is the lack of management providing supervision and oversight of the installers’ work. If management provided adequate oversight, they would catch deficiencies before they became expensive problems. Read More
The Great American Fix-Up
Many companies serving the construction industry focus heavily on new construction opportunities, often overlooking the potential of renovation. It turns out that renovation spending quietly has been increasing its share of market, and it likely will continue doing so in the future. Read More
