Mannington responds to Lowe’s Stainmaster buy

HomeCategoriesCarpetMannington responds to Lowe's Stainmaster buy

Salem, N.J.—Mannington has released a statement from its Phenix brand regarding the sale of the Stainmaster brand to Lowe’s.

Phenix
A Stainmaster display at McSwain Carpets & Floors in Cincinnati.

“With Lowe’s purchase of the Stainmaster brand, we know our customers will have questions as to how this affects their Phenix product offering,” said Mark Clayton, President, Phenix Flooring. “In short, we are committed to continuing the exceptional service that our customers have come to expect from Phenix.”

In the coming weeks, he said, sales representatives will retrofit existing PetProtect displays with a new, proprietary brand refresh, focusing on consumers who have pets. “Phenix plans to continue to support, service and warrant these products and will be providing a comprehensive list of features and benefits that rival those currently offered,” Clayton said. “In the meantime, we want our customers to know that Phenix is here for them as always by providing industry leading service along with unsurpassed warranty support. We encourage dealers to continue to sell these products with confidence, and look forward to a bright and successful future together.”

Invista, long associated with the Stainmaster brand, recently announced that it had sold the brand, along with certain associated assets, to Lowe’s, effective April 21, 2021. The purchase includes all brand-related intellectual property from its parent company, Invista, and all related trademarks and sub-brands. The purchase price was not disclosed.

Must Read

Retailers React: What areas of your business are showing strength?

Every two weeks, FCNews seeks out flooring retailers across the country to offer their advice on hot topics of the day. This week, we...

Emser Tile names Jim Parello EVP of sales

Los Angeles—Emser Tile has added to its leadership team with the appointment of Jim Parello to the position of executive vice president of sales....

Builder sentiment unchanged in April

Washington, D.C.—Builder sentiment was flat in April as mortgage rates remained close to 7% over the past month and the latest inflation data failed...

Tarkett adds to Source One team

Solon, Ohio—Tarkett has welcomed Jason Richardson to its team as director of customer experience for Source One, the company’s project management service. Richardson brings with...

FCA Network: It’s all about the youth movement

Louisville, Ky.—Anyone who has attended an FCA Network convention over the last five years has probably noticed the youth movement taking place, with...

New home sales post solid gain in March

Washington, D.C.—Despite higher interest rates, new home sales rose in March due to limited inventory of existing homes. However, the pace of new home...
Some text some message..
X