The Resilient Floor Covering Institute (RFCI) held its fall membership meeting October 28-30 at the Ritz Carlton in Naples, Florida, drawing approximately 120 industry representatives. The gathering featured an impressive lineup of expert speakers addressing economic trends, regulatory matters, and market analysis.
Charles Tyson, president, and CEO of LL Flooring, resigned as an officer and director of the company effective November 1, according to documents filed with the United States Securities and Exchange Commission.
Flooring manufacturer Dixie Group continued investing in digital marketing and in-store merchandising during the third quarter but, like many in the flooring industry, faced headwinds from high interest rates, low home sales, and weak consumer confidence.
Floor & Decor appointed Nada Aried, executive vice president and Chief Digital Technology Officer of Safelite Autoglass, to its board of directors effective January 1, 2025.
The National Floorcovering Alliance (NFA) members demonstrated classic American entrepreneurial resilience at their fall meeting in Washington, D.C., October 27-30, reporting flat to positive business performance in 2024 despite broader market softness.
Despite tough market conditions, Floor & Decor saw slight sales growth of 0.9% to $1.12 billion in third quarter 2024, though net income fell 21.6% and same-store sales dropped 6.4%. The retailer maintained aggressive expansion, adding 11 new stores and planning 10 more openings in fourth quarter.
WFCA’s Steve Abernathy and FCICA’s Pat Kelly discuss the growth each association has experienced in terms of education and membership as well as what business looks like for the commercial and residential segments over the course of the next year.
Flooring franchise Floor Coverings International continues its expansion in Arizona with a new mobile showroom in Sunrise. As the real estate market booms and demand for its services grows, the franchise actively seeks partners in several Arizona cities.
Toronto-based Metropolitan Floors is challenging misleading acoustic rating requirements in condominiums, warning that increasingly demanding Impact Insulation Class (IIC) standards are often unattainable in real-world conditions. The company aims to educate industry stakeholders about the gap between laboratory test results and actual building performance.
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