According to a survey taken during the town hall, 40% of respondents said the impact on business was better than what they originally projected. About 44% of respondents said their business saw a 20% to 30% decline due to the economic shutdown associated with COVID-19.
Many distribution firms were represented on the town hall, including Blakely Products, Fishman Flooring Solutions, Commercial Flooring Distributors, Herregan Distributors, A&M Supply and Abraham Linc.
Distributor executives who spoke provided thoughtful discussion on their experiences at the start of the pandemic and the changes that will be implemented within their operations and sales practices. Major manufacturers also participated and provided insights into what they are seeing across their distribution networks.
"The inaugural virtual town hall was a great opportunity for our members to join as a community," noted NAFCD Executive Vice President, Kevin Gammonley. "The ability to lean on one another for support, insights and creative ideas has been invaluable for many members. We hope to gain more momentum with this medium to
keep our members connected throughout the year."
As the source for relevant distribution content and online training, NAFCD continues to update their COVID-19 online repository to make accessing the material and training quick and easy. Much of this content is offered to the industry and is not member-exclusive. Further information can be found at
www.nafcd.org/COVID-19.
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About NAFCD
The North American Association of Floor Covering Distributors (NAFCD) is a North American, not-for-profit trade association serving distributors and suppliers of floor covering materials and related products. Its purpose is to enable wholesale floor covering distributors to be the most efficient, professional and profitable vehicle for bringing their suppliers' product to market resulting in the highest degree of customer satisfaction. NAFCD is dedicated to providing its members with opportunities to learn from each other, stay ahead of trends, and become better educated on ways to grow their business. For more information, visit
www.nafcd.org.
NAFCD Headquarters · 330 North Wabash Avenue, Suite 2000 · Chicago, Illinois 60611 USA Phone: (312) 321-6836 · Fax: (312) 673-6962 · Email: info@nafcd.org · Website: www.nafcd.org