Industry Analysis & Industry Trends
Floor retailers have struggled over the past five years due largely to mounting competition between operators and a volatile housing market. As a result, industry sales are expected to decline by an annualised 1.3% through 2012-13. Fluctuating income levels, falling consumer sentiment and rising interest rates have affected industry trading conditions during this period. Operators also struggled to make a profit due to the price-competitive nature of the industry.
Industry revenue is set to rise by 1.3% to $2.7 billion in 2012-13. Despite anticipated growth in disposable income, consumer sentiment and a continued rise in house construction levels, the overall landscape for floor covering retailers will remain tough... purchase to read more
Industry Report - Industry Locations Chapter
Floor covering retailers are generally located within central townships to meet the needs of a vast majority of consumers. The location of industry outlets is broadly in line with population trends and also building activity on new or existing dwellings. A growing trend for this industry, (akin to other homemaker goods) is to locate within specially constructed homemaker centres. These centres generally house a range of home goods such as furniture, floor coverings and bedding. Consumers view these centres as a one-stop shop where they are able to browse and compare a range of alternatives... purchase to read more