Retailers React: What will be your area of emphasis in 2024?

HomeFeatured PostRetailers React: What will be your area of emphasis in 2024?

artificial intelligenceEvery two weeks, FCNews seeks out flooring retailers across the country to offer their advice on hot topics of the day. This week, we asked: What will be your area of emphasis in 2024?

Here are their responses:

The major areas of emphasis are to maintain the highest quality of customer service, top-notch quality installations and to keep our showroom updated with new and appealing products. We have also increased our advertising budget to let all the new people moving into the area know where to shop local and why we are the preferred choice over our competition and box stores.

—Don Cantor, Lake Interiors Chelan Chelan, Wash.

Financial performance will be our main focus in ’24 given the ever-increasing costs of doing business. Cost containment and margin integrity will be at the forefront of all we do.

—John Bretzloff, Barefoot Flooring Castle Hayne, N.C.

My focus is to get back to the basics, relationships and networking. It’s the law of reciprocation—I send people warm referrals to good service providers, and they send them back. It’s the most profitable thing I’ve done in my 31 years in flooring.

—Don Lovato, CarpetSource USA Albuquerque, N.M.

We cut our budget, radically reduced overhead and shored up our cash reserves to become as lean and mean as possible. Diversification may be critical. From low end to high end, commercial and residential, we are ready for whatever challenges 2024 brings.

—Rick Oderio, Conklin Bros. San Jose, Calif.

We are focusing on credit card processing fees in 2024 and seeing what we can do to mitigate them. These fees have become a large number and consumers happily enjoy the points the credit card companies are giving them. We will be focusing on lowering those fees this year.

—Chris Cosentino, Hadinger Flooring Naples, Fla.

Must Read

NAFCD annual convention kicks off in Dallas

Dallas—The 2026 North American Association of Floor Covering Distributors + North American Building Material Distribution Association convention (NAFCD+NBMDA) kicked off in earnest here earlier...

The wall sale you’ve started: Make it bigger

If you’ve been following this column, you know we’ve been making the case that decorative wall panels belong in every flooring showroom. The argument...

NFA board members map out the way forward

Sint Maarten—The National Floorcovering Alliance, the success-minded group of 40 of the top retailers in the industry, elected its board of directors for the...

Five installation habits that quietly drain profit

When it comes to preventing flooring failures, it’s not always an issue of knowing best practices. Interruptions, schedule changes, or external pressure can throw...

New Cyncly Flooring manager brings relevant experience to bear

Cyncly, a leading global provider of AI-driven software for the spaces-for-living industry, recently named Wynn Grubbs as general manager of the Cyncly Flooring business...

Interface completes social life cycle assessment of natural rubber

Atlanta—Interface has completed a pilot social life cycle assessment (S-LCA) of natural rubber used in select nora rubber flooring products. The company said it is...

As seen in

Jan. 29/Feb. 5, 2024

DOWNLOAD
Some text some message..
X