Floor & Decor reported better-than-expected fourth-quarter results as profits rose 28% to $47.5 million despite a slight comparable store sales decline, demonstrating resilience amid challenging market conditions. The flooring retailer plans continued expansion with 25 new stores in 2025.
Swedish flooring manufacturer Kährs Group saw Q4 2024 sales decline 11%. The company completed its Russian operations divestment and secured new bond financing while focusing on production efficiency and market expansion amid challenging conditions.
The CARE California Carpet Stewardship Program awarded 15 grants in 2024, supporting projects that will expand recycling capacity by 4 million pounds annually and improve collection infrastructure, including new rural drop-off sites and innovative research into sustainable applications for carpet materials.
Michigan's first dedicated flooring installation training center opens, offering career paths for high school students with hands-on training, job placement assistance and financial aid options.
The World Floor Covering Association announces the induction of Interface founder Ray C. Anderson (posthumously) and CCA Global Partners' Charlie Dilks into its 2024 Hall of Fame, recognizing their transformative contributions to the flooring industry.
James Pope, a graduate of the basic flooring installation program implemented by the Floor Covering Education Foundation and its education and training partners, attended Great Falls College in Montana where he completed the 10-week course. Here, he shares his experience in the program, the support he received along the way and his thoughts on his generation’s perception of the trades.
Flooring Consultants & Inspection Training Services has announced a new team of industry-leading instructors to deliver comprehensive flooring inspection courses. The program spans from basic certification to Master-level training, offering hands-on instruction from experienced professionals.
Research shows that nearly half of specialty flooring consumers leave stores dissatisfied. In response, Mohawk has transformed its Edge partner program with data-driven solutions that combine hands-on training, digital tools, and targeted marketing support to help retailers thrive in today's competitive market.
The FCICA 2025 Spring Mid-Year Meeting, scheduled for March 31 - April 2 in Fort Worth, Texas, will unite flooring installation professionals for education sessions, networking, and an Uzin Utz plant tour. Early registration discounts available through February 28.
Brazil's natural stone industry is launching a major trade initiative at Marmomac Brazil 2025, connecting 22 Brazilian suppliers with buyers from eight countries. The event comes as Brazil's stone exports reached $1.26 billion in 2024, marking 12.7% growth from the previous year.