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Article: The Maxim Group, Inc.
- Article from:
- Flooring
- Article date:
- January 1, 1999
CopyrightCOPYRIGHT 1999 Douglas Publications. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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This month, Flooring Magazine profiles the largest floor covering retailer nationwide.
While nearly two-thirds of all floor covering sales are made at specialty flooring retailers, the marketplace is fragmented and populated with single-store operations that have minimal marketing, merchandising and capital resources. Against this backdrop, The Maxim Group, Inc., has emerged as the leading retail network, with more than 1,000 stores that have combined revenues of approximately $2.5 billion.
In 1998, the Kennesaw, Ga.-based retailer made several major transactions designed to help the company achieve its objective of obtaining a 25 percent share of the ...