The fast-growing retailer expects to open 27 new locations by the end of 2021.
Floor & Decor, the rapidly growing home improvement specialty retailer has opened its 150th location.
Last month, Floor & Decor opened a new 80,000-square-foot store in South Austin, Texas. The move also marked the company’s 20th location in the state and its third in the Austin market.
But the company hasn’t stopped there, quickly announcing two additional store openings since reaching the milestone.
On Sept. 16, the retailer plans to open a 79,000-square-foot store in Bohemia, N.Y. on Long Island. A day later, another 79,000-square-foot location will open in Naples, Fla. Each of the stores has about 50 employees.
According to Floor & Decor, each location also maintains over 1 million square feet of in-stock flooring while providing free design services along with a dedicated pro sales team.
As has been the case with prior openings, Floor & Decor is reaching out to area professional contractors and inviting them to tour the new branches.
“It is very important to us to build relationships with our local professionals. Their success is our success,” said Gina Rodriguez, chief executive merchant of the Naples store.
Like Texas, Florida has also been a strong market for Home & Decor with the company now operating 23 stores in the Sunshine state.
Founded in 2000 and based in Atlanta, the company has stores in 33 states offering both homeowners and professionals a broad in-stock selection of tile, natural wood, natural stone, laminate, and luxury vinyl plank.
Floor & Decor stores also stock tools, decorative materials, wall tile, and related accessories for hard-surface flooring projects.
In total, Floor & Decor opened 14 new stores in the first half of 2021 and plans for 6 openings in the third quarter. A total of 27 store openings are expected for the full year.
Roughly a year ago, the company operated 125 stores in 30 states.
The quick expansion has been compounded with strong financial results too.
In August, Floor & Decor reported second quarter 2021 sales surged by 86% to more than $860 million as comp-store sales jumped 68.4% for the period.
The company’s net income shot up by more than 159% to $83 million during the quarter.