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By Louis Iannaco According to a recent report by Anne Field on Openforum.com, in the current environment of tight credit, even successful small businesses are finding it difficult, if not impossible, to get a bank loan, and that underscores the need to... more
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By Emily Hooper The biggest change in credit card protection since 1968 was passed last May with the Credit Card Accountability, Responsibility and Disclosure Act of 2009 (CARD Act) and the consequences are starting to take effect. The act outlines new regulations and program offerings for... more
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By Emily Hooper With many more than pleased to have left 2009 behind, the new year begs the question of popularity—which trends will sell the economy out of stagnation? Experts have predicted a desire to break free from the safe, neutral tones that have dominated the last few years and emphasize... more
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By Matthew Spieler When Max Anderson realized it could take months, years—maybe never—for any money from the government’s stimulus plan to reach his flooring business located 100 miles east of Dallas, he decided to take matters into... more
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By Steven Feldman UNCASVILLE, CONN.—If innovation drives growth, then Mohawk stands to see significant dividends in 2010. Whether it is hard or soft surface, innovation was the recurring theme at its regional winter markets, as was a continued focus on... more
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ATLANTA—Last year LG Hausys Floors, the resilient floor covering division of LG Hausys America, announced the expansion of its LVT commercial line into what it referred to as the “residential contract” market, or property management and multi-family housing... more
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By David Kern Publisher, Floorbiz Inc.A company’s true value can be measured in a number of ways. None however are more important than service after the sale. In all too many cases businesses are more than happy making the initial sale, but perform miserably when... more
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By Emily Hooper NATIONAL HARBOR, MD.—With soft fibers all the rage, Carpet One members were introduced to a three -pronged marketing strategy at their recent winter convention here (FCNews, Jan. 11/18) that Jim Aaron, vice president of merchandising, said will allow them to... more
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It is fitting that we should dip into our nostalgia file to get this photo, a shot of the debut of the World Floor Covering Association’s (WFCA) Surfaces in April of 1990. This year, Surfaces is celebrating its 21st birthday and will stage some memorable events... more
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DALTON—Karastan reorganized its sales force/product line, separating area rugs from broadloom, and has named industry veteran Steve Roan vice president of the new Karastan Rugs division. Roan has been in the industry since 1987, holding executive positions with... more
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