"Inventory" has become a dirty word in the rug business. As a result, retailers are coming to Atlanta's International Area Rug Market July 18 through 21 looking for value-oriented merchandise from vendors who can make quick deliveries.
Buyers attending the upcoming International Area Rug Market in Atlanta (Jan. 17-20) will see an industry on the cusp of major change. The big, splashy introductions scheduled to be unveiled during the event are evidence of a profound alteration in the way rug companies do business and develop product strategies.
Rug producers are not using the economic slowdown as an excuse to play it safe. In fact, a wave of imaginative new products, many of which reflect a true sea change in styling, will pour onto the market this fall.
After a lackluster spring market season, and spotty retail sales activity over the last nine months, rug vendors are embracing two clear emphases to re-energize the rug business: value and creativity.
Major floor covering producers are integrating all types of floor materials into coherent cross-merchandising packages that can include rugs, carpets and hard-surface floors.