While Shaw, Mohawk and Beaulieu dominate the carpet manufacturing sector with roughly 80% of revenues, many smaller boutique mills are thriving in the luxury residential market.
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Like other segments of the floorcovering industry, U.S. hardwood manufacturers are bracing themselves for a rough ride the rest of this year and probably for most of 2008.
What product in your store right now generates the highest profit margin? Do you know your best selling carpet style?
A ten step formula has been instrumental in Frank DiFiglia’s success in building a 20,000 square foot showroom in Howell, New Jersey into a $5 million business.
In the last issue I reported that Home Depot got lucky because I thought it managed to sell HD Supply before the credit markets collapsed. But I was wrong.
One of the first decisions a wood floor customer has to make is between a site finished and factory finished floor.
Regardless of the obstacles, the greening of the carpet industry has become an unstoppable force.
The first carpet tile was made 50 years ago by a small Dutch company called Heuga.
It probably comes as no surprise that the slump in the housing market has sent sales of laminate plummeting in the last year, with the biggest drop-off in the first half of this year.
Most retailers probably wouldn’t make huge changes to their business when sales are strong.