MINE celebrates 2,000 showrooms milestone, transforming home
retail with builder partnerships and rapid growth.
SAUSALITO, Calif., Dec. 19,
2024 /PRNewswire-PRWeb/ -- Eoin Harrington, Founder and CEO of MINE, the
nation's largest showroom network, announced today that the company
has surpassed an impressive milestone: 2,000 showroom locations
across the United States.
"When we launched MINE over five years ago,
we never anticipated this level of growth. We're deeply grateful
for the trust and support from our partners and customers."
MINE – allmine.com – is a groundbreaking multi-channel retailer
blending a robust online presence with an ever-expanding network of
physical showrooms. Open seven days a week during standard business
hours, MINE currently launches 20-25 new showrooms weekly—a pace
expected to double in 2025.
The Secret to MINE's Rapid Growth
What is fueling this meteoric rise? MINE's unique zero-cost
model partners with new home builders to create immersive retail
experiences in model homes nationwide. This innovative strategy
basically eliminates store build and operating costs while also
delivering an exceptional customer experience coupled with
competitive pricing.
"In an environment where many traditional furniture retailers
are facing challenges, we're fortunate to be thriving," Harrington
stated. "Amidst American Freight's closure of 328 locations,
Badcock Furniture's shutdown of over 300 stores, and Mitchell Gold + Bob
Williams' complete exit from the market in late 2023 we've
been adding more partners and expanding our base."
Industry forecasts paint a challenging landscape for traditional
retail. With UBS predicting 45,000 store closures in the coming
years, our goal is to accelerate our store growth and raise
awareness that the closest furniture store is in fact the model
home down the street.
Some communities have 10 or more models with over 30,000 square
feet of combined showroom space, filled with products from top
vendors, the same trusted vendors behind the top national furniture
retailers.
A Mission That Resonates
MINE's growth trajectory is reshaping the industry. The
company's mission of revolutionizing how people furnish their homes
has struck a chord with consumers, designers, and builders
alike.
"We're excited not only by the expansion of our showroom network
but also by the enthusiastic engagement from our customers and
design community," said Harrington, a former Head of Innovation at
Restoration Hardware. "When we launched MINE over five years ago,
we never anticipated this level of growth. We're deeply grateful
for the trust and support from our partners and customers."
Harrington continued, "Our goal has always been to help people
create their dream homes by making great design more accessible and
affordable while offering unmatched product quality and value.
Seeing this vision come to life has been incredibly rewarding for
the entire team."
What's Next for MINE
A tech company at its core, MINE recently announced the
introduction of its comprehensive design platform Studio MINE, a
one stop shop for interior designers, complete with a 350,000 SKU
product marketplace, design tools and procurement services.
Designers can also transform their creations into shoppable
ecommerce stores. Those creations that meet MINE's design criteria
will be accepted into the showroom network, further expanding its
footprint and reach.
For designers eager to learn more about Studio MINE, visit
allmine.com/c/design-studio.
Press Inquiries
Jonathan Yarnold
jyarnold@allmine.com
Media Contact
Jonathan Yarnold, MINE, 1
4153284174, jyarnold@allmine.com, allmine.com
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SOURCE MINE
