Articles
Lowe's Grew Sales 5% in Q4, Earnings Rose 23%
Lowe's reported Q4 2021 sales were $21.3 billion, a 5% increase compared to $20.3 billion in Q4 2020. Comparable sales increased 5.0%. Comparable sales for the U.S. home improvement business increased 5.1% in Q4. Pro customer sales increased 23%. Read More
Coverings Reveals Top 10 Tile Trends for 2022
Coverings, the largest international tile and stone exhibition and conference in North America, announced the top 10 tile trends for 2022. The tile trends were gathered and forecasted by the three leading international tile associations and sponsors of Coverings, Ceramics of Italy/Confindustria Ceramica, Ceramic Tile Manufacturers Association of Spain (ASCER)/Tile of Spain and Tile Council of North America (TCNA). Read More
Coverings Announces 2022 Tile Trends
Coverings, the largest international tile and stone exhibition and conference in North America, announced the top ten tile trends for 2022. The tile trends were gathered and forecasted by the three leading international tile associations and sponsors of Coverings, Ceramics of Italy/Confindustria Ceramica, Ceramic Tile Manufacturers Association of Spain (ASCER)/Tile of Spain and Tile Council of North America (TCNA). Read More
What Consumers Want in New Home Builds
Home buyer preferences have continued to reverse trends in home building as builders work to respond to new interests in the wake of COVID-19, according to reports from the National Association of Home Builders (NAHB). Read More
These folks have money and want to be your friend
What is remarkable about LVT is that it is not entirely driven by brands. It is not as if every consumer comes into the store and know the brand of flooring they want and that applies to LVT, also. No, it is the intrinsic value and style of the product and LVT is great for any end user markets — residential replacement, new homes and all of commercial. Read More
Coverings Announces Details of In-Person Event in April
Coverings, the largest international tile and stone exhibition and conference in North America, has announced a comprehensive roster of both popular and new activations for Coverings 2022, which will take place April 5 to 8, 2022, at the Las Vegas Convention Center in Las Vegas, Nevada. Read More
Catalina shares positive update on Kitchen & Bath
Catalina Research has released its latest Kitchen and Bath Quarterly Update. According to the report, U.S. kitchen and bath product sales (shipments minus exports plus imports) continued to experience strong growth in the fourth quarter of 2021, despite a slowdown in housing demand. Kitchen and bath product sales could have increased by 13.5 percent in the fourth quarter compared to 18.8 percent over the first nine months of 2021. Read More
Houzz study highlights demand for countertops
Homeowners are making room in their renovation budgets to prioritize kitchen countertops, according to the 2022 U.S. Houzz Kitchen Trends Study. The survey of nearly 2,400 U.S. homeowners using Houzz who are in the midst of, are planning, or recently completed a kitchen renovation, found that more than one-third of homeowners reportedly splurged on countertops (35 percent). The most common feature improved during kitchen renovations, countertops were upgraded by more than nine in 10 homeowners (91 percent). Read More