While both inflation and mortgage rate increases have impacted the segment, the overall annual forecast still represents a double-digit increase over 2021.
Studio 41 has 12 showrooms in the Chicago metropolitan area — three of which are Kohler Signature showrooms.
The National Kitchen and Bath Association (NKBA) had a monumental year in 2022. It kicked off with the first in-person Kitchen and Bath Industry Show (KBIS) event since 2020. Additionally, in October, NKBA moved from Hackettstown, New Jersey to its brand new headquarters in Bethlehem, Pennsylvania.
The National Kitchen & Bath Association (NKBA) released its Market Outlook report showing the remodeling industry is largely recovering from its Q1 COVID-19-induced dip. According to the report, the percentage of homeowners actively working on remodeling projects increased significantly, from 19% in Q1 to 36% in Q2.
In my last article I covered five important points that RWS learned from its survey of almost 1,800 consumers of durable goods.
Last time, a panel of blue-chip American Supply Association distribution executives gave its thoughts on a variety of topics, including the current business climate, technology game-changers, the current industry labor shortage and the combating of online retailers.
In the second of a two-part series, buying group executives discuss consolidation and the future of their organizations.
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