It’s a transitional year in the commercial business, strengthening in places and slowing in others, facing new challenges, and in its own way last month’s NeoCon reflected those dynamics.
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In a down economy, many flooring contractors are looking for new sources of revenue. Sometimes that means entering a new line of business altogether, and some contractors have found that flooring maintenance fits the bill.
What business are you in? Before you read on, take a few moments and ponder this simple question. At Molyneaux Tile-Carpet-Wood we try not to view ourselves as being in the flooring business.
All you have to do is notice the flooring at any major retail store to know that wood flooring not only works well in a high-traffic environment, but that it’s also a much sought after design element.
Increasing sales is not always the right strategy for improving financial performance. In some cases rapid sales growth can strain your cash resources and cause the business to fail.
Though the commercial market grew last year, its rate of growth has been slowing since 2005, and 2008 may end up close to flat.
Coverings, held this year in Orlando from April 29 to May 2, featured 1,200 exhibitors from over 50 countries showcasing cutting edge ceramic tile and stone design.
In 2007, with most carpet mills struggling to maintain their positions, Interface Inc., the largest carpet tile manufacturer in the world, had its strongest growth year ever, outpacing all the U.S. carpet mills.
Award-winning New York industrial designer Karim Rashid has created everything from flooring to manhole covers and disposable cigarette lighters, as well as interiors for hotels, restaurants and other businesses.
There seems to be a shortage of everything these days. Just visit your local grocer and you will find that prices have risen dramatically on many of our everyday staples: bread, milk, rice, etc.