Retailers React: How is home improvement activity in your market?

Home Featured Post Retailers React: How is home improvement activity in your market?

home improvement Every two weeks, FCNews seeks out flooring retailers across the country to offer their advice on hot topics of the day. This week we asked: How is home improvement activity in your market?

Here are their responses:

“Home improvement continues to be an important factor in our business. Several interest rate increases in 2022 made it much harder for homeowners to purchase new homes. The result is homeowners are buying things, including carpet and rugs, to improve their existing homes.”

—Rick Myers, Myers Carpet, Dalton

“We are busy but a lot of it is insurance work. In late December, Atlanta had record low temperatures and many pipes burst and flooded homes. It has been a slow process for the homeowners. Most of our estimates right now are for insurance claims.”

—Elisabeth Stubbs, Enhance Floors & More, Marietta, Ga.

“The first couple of months have started on pace with last year. The home improvement sector is still strong even though consumers seem to be shopping a little harder. We are trying to stay optimistic in spite of a sketchy economic forecast.”

—Bill Huss, D&M Interiors, Appleton, Wis.

“We have noticed a significant increase in remodel replacement sales. The uptick is across the board from luxury vinyl to hardwood to carpet. Most sales are materials in the better-and-up range.”

—Bill Zeigler, Charles F. Zeigler & Sons, Hanover, Pa.

“I speak frequently with other owners in my market who are in the home improvement industry. The general consensus is that 2023 will be a flat year. I believe the stock market reflects the economic opinion of the marketplace, and we all know it isn’t a bull market.”

—Kevin Rose, Carpetland USA, Rockford, Ill.

Must Read

Triforest brand Toucan Flooring takes flight

Toronto, Ontario, Canada—U.S. floor covering retailers and distributors seeking a North American producer of laminate flooring and SPC will soon have a viable option...

Low inventory fuels buyer interest in new homes

Washington, D.C.—As the National Association of Home Builders (NAHB) celebrates National Homeownership Month in June, more Americans are turning to new homes as existing...

AHF unveils Hartco Dutton Pass and Woodland Traditionalist

Mountville, Pa.—AHF Products introduced two new engineered hardwood collections under the Hartco brand: Dutton Pass and Woodland Traditionalist, available this spring and ready to ship. These real hardwood floors...

Ardex releases System Selector digital advisor

Aliquippa, Pa.—Ardex launched the Ardex System Selector, billed as an easy way to create a complete product system in no time. It’s the newest...

NeoCon unveils 2023 trend forecast

Chicago—NeoCon opens for its 54th edition here at The Mart June 12-14, 2023, offering tens of thousands of attendees an insider look into the...

NWFA completes 68th home with Gary Sinise Foundation

St. Mary’s, Ga.—The National Wood Flooring Association (NWFA) has provided flooring for its 68th home in support of the Gary Sinise Foundation R.I.S.E. program...

As seen in

March 6/13, 2023

Some text some message..