Home flooring and decor is undoubtedly an omnichannel specialty retailer of really hard surface flooring, carpeting, and related equipment. The corporation was started in 2000 and is particularly headquartered in Smyrna, Georgia. The firm’s merchandise contains ceramic tiles, hardwood flooring, laminate flooring, and vinyl flooring. Additionally, Flooring & Decor offers accessories and cleaning goods. Located in Smyrna, Ga, the corporation is an American leader in the tough surface area flooring market.
Floor & Decor, which is headed by a former Home Depot executive, operates 45 warehouse format stores in 12 states. In 2013, it reported a 32 percent increase in sales to $441.4 million. It is owned by private equity firms Ares International LLC and Freeman Spogli & Co. The company has more than 30 locations in the United States. As of March 2015, Flooring & Decor was a $2 billion business.
Floor & Decor’s CEO Thomas Taylor is a former Home Depot executive. The business has 45 warehouse-format stores in 12 states. In 2013, it posted a 32 percent revenue increase. The company is owned by private equity firms Freeman Spogli & Co and Ares International LLC. It was established in 2000 and now has over 30 locations. However, Taylor’s background has fueled speculation about the company’s future.
For those looking to renovate their homes, Flooring & Decor’s business model is unique. Instead of allowing their employees to choose merchandise, they let the managers choose their merchandise for the area they serve. The merchandise is typically displayed warehouse-style and has design centers for customers to visit. The corporate has grown rapidly since 2000, opening more than 50 stores in its first 15 years. In April of this year, the business went public, trading on the New York Stock Exchange.
The retail chain’s growth in recent years has surprised Wall Street. The organization is the largest flooring and tile products retailer in the United States. With 30 locations across the country, Flooring & Decor’s profits have been consistently above expectations. The company’s average ticket size has increased by more than 40% since 2000. A few factors contributed to this growth, including the fact that the business is in the process of hiring additional staff. Despite the high-risk nature of the business, the firm’s success is a testament to its dedication to its employees.
The company’s growth strategy has been based on the need to attract new customers. The firm’s brand name, as well as its product range, are a huge factor in its success. In the U.S., Ground & Decor has a reputation for providing customers with high-quality home flooring and tile items. The chain has a reputation for its customer service, which is also a major plus for the company’s bottom line.