Online Flooring Crushing High Street
Online flooring stores are crushing those in the high street, and the announcement that Floors 2 Go has again gone into administration serves as a further reminder of this. Both the recession and the increase in online flooring stores have put extra pressure on high street retailers. The improved options offered to the consumer that are found on online flooring stores, which can even sell products to help in floor sanding and polishing as well as the simple convenience of being able to browse while at home, has left traditional retailers scrambling to compete.
With falling sales and the cost of rental continuing to increase in the great majority of areas, the pressure has certainly played its part in the unfortunate fate of Floors 2 Go and many other such companies as well.
“There are a number of factors, including competition within the industry and increased internet sales” the Sunday Mercury was told by an administrator for Senate Recovery.
Even three and a half years ago in the beginning of 2008 it was becoming clear to most that many consumers were switching their loyalties to online retailers across the great majority of markets, and interior design has proven to be no exception to the rule. The options for those wanting to use online flooring companies have improved markedly in recent times, with videos, high definition pictures and even free samples sometimes available from a number of internet-based suppliers, who are able to offer a greater range and variety of flooring options without the high rental and running costs associated with physical high street stores.