The Huntsville warehouse opening comes on the heels of Kohler announcing in February, the construction of a second Vikrell production facility and distribution center in Casa Grande, Arizona, which is set to be operational by August 2023.
We all realize the need for a robust online offering as eCommerce continues to be a growing share of the market. However, as the group discussed and debated the topic, we realized how much more complex the situation is currently.
A highlight of the group is its annual ELEVATE conference, which has become a crowd favorite, full of top-notch speakers, networking happy hours and fun evening events for the women. The last time ELEVATE was able to happen in person was in 2019 in San Diego, where turnout was at an all-time high and included 91 new attendees. ELEVATE was slated to take place in Charleston, South Carolina in April of 2020, but had to be cancelled due to the COVID-19 pandemic. ASA and the Women in Industry executive council provided a virtual meeting in April of 2021, where attendees still gained access to great speakers, educational sessions and virtual networking. But after three years since an in-person ELEVATE conference, the Women in Industry division is itching to get back together.
According to a global supply chain report compiled by IHS Markit, delays and disruptions for manufacturers and deliveries is currently on a higher scale than ever recorded in the company’s more than 30 years of conducting Purchasing Manager Index’s (PMI) — monthly surveys of more than 40 economies worldwide. Distributors across the U.S. can vouch for that, as supply chain disruptions they endured throughout 2021 have yet to show signs of correction.
If your ASA Northeast is reviving its longstanding summer conference that operated under the former WANE banner. The 2022 ASA Northeast Summit takes place June 14-15 at the Live! Hotel and Casino at the Philadelphia Stadium District.
Supply chain issues and material shortages temper industry’s outlook despite continued strong market.
December 13, 2021
While the overall kitchen and bath industry continues to show healthy growth for the year, the overall index is down 4% quarter over quarter as lingering issues caused by the pandemic seem to be catching up to consumer sentiment. Despite this, the industry is coming off of a record-breaking quarter of growth in Q2, which has fueled projections for the year at around 12% growth in sales year-over-year, with many members still encouraged about future growth in 2022.
However, month-to-month sales numbers warrant watching going forward.
November 3, 2021
Respondents to ASA’s monthly sales report enjoyed a median sales increase of 19.3% for September 2021 vs. September 2020. Worth watching going forward, in comparison to the previous month — September 2021 vs. August 2021 — respondents reported a decline in median sales of -3.0%.
According to the Department of Labor (DOL), the veteran unemployment rate as of November 2020 stood at 5.9% — a significant increase from the 2019 rate of 3.1%.