Why Floor And Decor Is The Category Killer In Specialty Flooring Retail
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Floor & Decor North Richland Hills, Texas store
Floor & Decor press release
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.
Read More About Hardwood Flooring
The list goes on as to why so many property owners prefer to have wood floors installed in their homes in W Lake Hills, TX. Regardless if its the timeless look youre going for, you want something new or you like easy upkeep, we have options for you at Floor Coverings International ®. Wood floors will certainly add to your homes look and make it a more inviting space. Additionally, many people who are looking to purchase a home want wood flooring. So if youre looking to add resale value to your house, then you can take advantage of this option.
Hardwood flooring is pretty effortless to keep clean and maintain. You can sweep it, vacuum it, wipe it down or steam clean it. Because theyre pretty easy to clean, many pet owners prefer them to other flooring choices. Almost everyone enjoys the look and easy maintenance of hardwood flooring.
No matter what type of hardwood floors you decide on, you will have a product that is sturdy and will withstand the wear and abuse of everyday living. When hardwood floors are maintained properly, they can last for many years, even decades. You wont even have to worry about scratches because they can age with the wood, and since most hardwood floors can be refinished, you can actually extend the life of your flooring. While hardwood floors may be a little pricier, the long lifespan and the minimal maintenance equals out in the end.
Proudly serving Greater Austin Area
Environmentally Friendly Floors For Your Property
When it first hit the market, environmentally friendly flooring provoked comments of dull, drab and unimpressive designs. The good thing is, this isn’t the case anymore, and today’s environmentally friendly flooring is sleek, modern, captivating and a visually appealing flooring option. Professional designers and homeowners alike are using environmentally friendly materials for their new spaces. Floor Coverings International® has a nice variety of environmentally friendly flooring solutions suitable for any area in your house.
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The Perks Of Hardwood Floors In Your Home
- We carry many options for hardwood flooring, including various species of wood and hues.
- We also stock industry-leading name brands straight from the manufacturers and we stand behind every product we sell and install.
- Hardwood floors look great even after years of wear and they never look outdated.
- Hardwood floors are easy to maintain.
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We Bring Our Inventory To You In Our Mobile Flooring Showroom
With so many options, it can be challenging to decide which floor covering is best suited to your house. Floor Coverings International ® makes shopping for wood flooring a more enjoyable experience with our Mobile Flooring Showroom ® which brings the inventory to you. Browse through our collection of wood types and see what you think about them with the design of your home. If youre in W Lake Hills, TX, our Design Associates are ready to answer your questions and help you in choosing the most ideal flooring options.
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Beautiful Environmentally Friendly Flooring Solutions
Our Mobile Flooring Showroom® comes directly to you, so you can see samples of our environmentally sustainable flooring solutions first-hand. Youll get to meet with an expert who can show you our large inventory, including:
- Linoleum
- Bamboo
- Wool Carpet
*Not all flooring options are available in all areas, please contact your local expert for more information.
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Choose From Tile, Stone, Wood, and Laminate Flooring
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Geneva Commons outdoor mall along the Randall Road corridor is hosting a fall fest this month.
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Popular And Elegant Environmentally Friendly Floors
Our relationships with flooring producers give us the opportunity to offer high-end environmentally friendly flooring solutions that look just as good as any other flooring types. They’ve become mainstream because more and more homeowners want to have an environmentally friendly home that still looks good. For properties in North Richland Hills, TX, Floor Coverings International® is your connection to premium products, superior workmanship and the latest in environmentally friendly flooring.
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A new Floor & Decor will be opening in Oakridge Court Shopping Center on Randall Road in Algonquin. It is being built in the space formerly used to house Toys R Us and Babies R Us.Rick West | Staff Photographer
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An artists rendering of the new Floor & Decor, which will open in the space used to house Toys R Us and Babies R Us in Oakridge Court Shopping Center, on Randall Road in Algonquin.COURTESY OF FLOOR & DECOR
Two new tenants are coming to the Randall Road corridor in Algonquin early next year, to fill up sizable vacant retail space.
Construction has already begun on a new 80,000-square-foot Floor & Decor store. It will fill the vacant spot left when Toys R Us and Babies R Us left Algonquin after closing all of their stores nationwide.
In addition to taking over that space, the businesses also will fill up additional empty retail spaces next to the former childrens stores, bringing the total project to 80,000 square feet in the Oakridge Court Shopping Center, which also currently includes tenants such as TJ Maxx, Binnys, Five Below and J.C. Penney, said Algonquins Community Development Director Russell Farnum.
The shopping center sits on the west side of Randall, just south of Harnish Drive.
A large vacant spot just a little to the south in Algonquin also soon will be home to a new business.
The empty 40,000-square-foot Dania Furniture store will be filled by a 24 Hour Fitness, the second largest fitness chain in the country, Farnum said.
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