Flooring King, the Newcastle Upon Tyne-based flooring specialist, has announced what it describes as a staggering 400% increase in revenue over the past year.
This success comes against the backdrop of a challenging industry landscape, highlighted by the recent struggles of competitor Carpetright, which has faced store closures and administration.
‘Flooring King’s substantial year-on-year sales growth has solidified the company’s position as a top choice for customers seeking high-quality flooring solutions. The company is projected to reach an estimated £6m in sales within the current calendar year,’ says the company.
‘This impressive growth is a testament to the company’s dedication to providing consumers with exceptional value through competitive pricing and tailored services, securing it the position as the UK’s fastest-growing flooring store.
‘Despite heightened competition across the market, Flooring King has continued to thrive, processing over 1,000 orders monthly. This success highlights the importance of adapting brand strategies to meet consumer demands in a competitive industry.’
Liam Cleverdon, director at Flooring King, reflects on a successful year in a competitive industry.
Liam said, ‘We’re incredibly proud of the progress our online store has made this year and are excited about the opportunities for continued growth. In a highly competitive market, our top priority is to stay aligned with industry trends and consumer preferences to maintain our position as market leaders.
‘Our commitment to offering a diverse range of premium flooring options at competitive prices, combined with our focus on meeting customer needs, is at the forefront of our values as we strive towards becoming the UK’s foremost flooring company.’