Vendors presented myriad products and initiatives for driving business for the 40 retail members of the National Floorcovering at the group's 2023 fall meeting in Coeur d'Alene, Idaho.
Rising interest rates, increased wages and higher costs of goods are not stopping the 40 members of the National Floorcovering Alliance (NFA) who said they are taking advantage of the retail slowdown to analyze costs, fine-tune showrooms, and invest in technology.
Despite elevated mortgage rates averaging above 7%, single-family starts posted a solid gain in September as more buyers are turning to new homes because of a dearth of inventory in the resale market.
The R.I.S.E. program builds mortgage-free, custom, specially adapted smart homes for severely wounded veterans and first responders. The home dedication for United States Army Sergeant First Class (Ret.) Ian Prescott took place on September 20, in Crestview, FL.
Flooring represents 46% of Live Ventures' total 2022 revenue and a combined entity would be one of the largest flooring retailers in the United States.