Builder sentiment for new single-family homes increased in October, despite ongoing affordability challenges. The National Association of Home Builders reports optimism for 2025 market conditions, with builders anticipating easing inflation and moderating mortgage rates. The upcoming election remains a key factor in housing policy outlook.
Victoria CEO Phillipe Harners reported that while the flooring sector is experiencing the most severe and longest decline in demand in the last 30 years, the company is optimizing productivity and reducing operational costs while maintaining production capacity to prepare for future demand.
Couristan will open a 2,659-square-foot showroom in the IHFC building at High Point Market, celebrating its grand opening on October 27. The mid-century modern space showcases high-end handmade rugs and designer-driven residential broadloom products while honoring the company's 98-year history through a history wall display.
The Advisory Council meets throughout the year to advise senior management and help shape the direction of programs developed by the flooring retailer cooperative.
Alliance Flooring's Next Generation Flooring Summit brought together 66 retailers to share best practices. Leaders reveal to Floor Trends & Installation that the group's "Perfect Home" selling solution has boosted carpet sales by an average of 9-10% for participating retailers.
Cosentino Group, a manufacturer of sustainable surfaces for architecture and design, has reopened its upgraded city showrooms in Miami and Los Angeles. The renovated spaces feature interactive digital displays and an Atelier table, offering visitors an immersive experience with Cosentino's full product range.
Luxury flooring brand Riva Spain opens four new "Riva Corners" in Massachusetts, showcasing their high-quality, sustainable wood products. The expansion reflects the brand's growth in the region, with business tripling over two years.
MSI's Kallum loose-lay luxury vinyl collection offers a versatile range of loose-lay planks that capture the timeless beauty of wood while providing the practical benefits of luxury vinyl.
In a move to reshape flooring distribution, Transom Capital Group has announced the formation of Artivo Surfaces, a new parent company that brings together distributors Virginia Tile and Galleher. This strategic consolidation creates a multi-regional powerhouse with 48 locations across 18 states, offering an extensive range of flooring solutions from coast to coast.
Learn how Showroom Pricing, founded by Kristen Stensby, offers QR code-driven solutions for flooring retailers, enabling real-time pricing updates and comprehensive data reports.
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