Focus Annual Report - May 2007
After record sales in 2005, the floorcovering manufacturing sector slipped a bit last year as the bottom fell out of the builder market in the second half.
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After record sales in 2005, the floorcovering manufacturing sector slipped a bit last year as the bottom fell out of the builder market in the second half.
Are you thinking about offering financing to your customers? We spoke with several flooring dealers around the country with finance programs in place.
If I were a betting man, I’d give you odds that Kohlberg, Kravitz & Roberts and Tarkett will be the new owners of Armstrong World Industries before the trees in Lancaster, Pennsylvania are in full bloom.
I’ve been giving a lot of thought lately to the value and importance of good sound leadership. In my current position, strong leadership is a must.
Women don’t think, act, or buy products the same way men do. There, it’s out in the open—a floorcovering retailer’s worst nightmare confirmed.
Retailers are often asking the question, “Where can I find customers?” and “How can I attract more buyers into my store.” If customers are not coming through the doors looking for you, then it is time to hit the streets.
Selling wood floors is like selling any other product—the more you know about it, the better you’ll be able to sell it.
Like most segments of the commercial market, the hospitality sector started to slump in mid 2000, and the aftershocks of 9/11 sent it into a tailspin.
Here’s good news for flooring retailers. A study published in late January by the Cleveland research firm, The Freedonia Group, says world demand for flooring is projected to climb more than 4% annually through 2010 to $162 billion.
I just spent most of the morning reading Berkshire Hathaway’s 2006 annual report. I think that’s something that every business owner should do, just to tap into the enormous homespun wisdom of one of the world’s all time great investors.