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The floor coverings industry represented a $26.9 billion market in 2018, according to Statista in manufacturer dollars. Its a stable market that managed to eke out a mere 5.1% growth from 2010. Growing less than 1% year-over-year for the last eight years, the flooring market is not predicted to grow more than .5% year-over-year through 2023.

Translating manufacturer sales into retail dollars is complicated by the labor component, which makes an important contribution to many retailer revenues. Jonathan Trivers, contributor toFloor Covering Weekly, puts the total retail market size at $66.2 billion in 2017 including labor. Retail sales by his estimation grew 5.1% year-over-year in 2017.

To the outsider, the flooring industry looks boring and predictable, but to those in the industry, it is anything but.

Creating a dynamic retail market for flooring are changing consumer tastes from soft floor coverings to hard surfaces and their willingness to invest more money on premium flooring. To that demand the industry is responding with innovative and style-forward options, including luxury vinyl tile, which is the industrys fastest-growing category according to Catalina Research.

The manufacturer flooring market may not be growing overall, but consumer spending is shifting, with carpet and rugs share dropping from about 53% of total manufacturers revenues in 2012 to about 45% today.

Floor & Decor Launches The Grand Opening Of Its Fresno California Store On May 19 2021

Grand Opening Celebration and Pro Event

ATLANTA—-Floor & Decor , a leading specialty retailer of hard-surface flooring, will continue its growth when it opens its newest location in Fresno, California on May 19, 2021. The 80,000 square-foot Floor & Decor warehouse store and design center will open with a team of about 45 full-time and part-time associates led by Felix Sefa, the new stores Chief Executive Merchant.

Floor & Decor is excited to open a store in Fresno, said Sefa. We are eager to introduce both Professional customers, as well as Homeowners, to our one-stop solution for their flooring needs with an extensive selection of in-stock, trend-right flooring options. We offer great service and quality flooring at unbeatable prices. With our free design services, we look forward to helping every customer complete their dream project.

$5,000 Floor Makeover Sweepstakes

The Fresno Floor & Decor store will be giving away a $5,000 Floor Makeover as part of its grand opening festivities. Starting on May 19, customers will have the chance to register to win a $5,000 gift card from Floor & Decor. Interested parties can register online at www.floormakeoverfresno.com. Registration ends on June 18.

Store Address: 6417 N Riverside Drive, Fresno, CA 93722

Additional company information can be found at www.flooranddecor.com and on Facebook .

View source version on businesswire.com:

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Why Choose Floor & Decor

At Floor & Decor, entrepreneurship and teamwork are not just buzzwords. Our associates are a community of success-driven, innovative go-getters that are taking the company and their careers to the next level. If you enjoy a fast-paced environment, working with people from diverse backgrounds, and are looking to build a career, then come find your future at Floor & Decor.

Fortunes 100 Fastest-Growing Companies in 2020

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Unmatched Selection Of Flooring Countertops & Installation Materials

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Perfect Your Project with Backsplash, Countertops, and FixturesNo matter the build or remodel, we’re here to provide all of the materials and finishing touches you need to complete your project. Our decoratives include backsplash, countertops, sinks, vanities, fixtures, and more.

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Who We Are

7180 W Morris Ave, Fresno, CA 93723 | 559-519-3103 | For Sale

Floor & Decor is like no other flooring company, offering the broadest in-stock selection of tile, wood, stone, related tools, and flooring accessories at everyday low prices. We deliver a unique shopping experience through inspirational displays and incredible customer service. Founded as a single store in 2000, weve quickly become one of the countrys leading flooring retailers through our associates teamwork and entrepreneurial spirit. With 100 stores and counting, the opportunities to advance within our organization are endless were proud to rank 48th on Fortunes 2020 list of the 100 fastest-growing companies. From our stores to our corporate headquarters, we all have one common goal: do our part in helping the company succeed. We work together in a respectful, collaborative and community-driven environment where every voice counts.

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