August 20, 2017 5:18 AM ET

Specialty Retail

Company Overview of Tile Shop Holdings, Inc.

Company Overview

Tile Shop Holdings, Inc. operates as a specialty retailer of manufactured and natural stone tiles, setting and maintenance materials, and related accessories in the United States. It offers approximately 4,000 products, including ceramic, porcelain, glass, cement, wood look, and metal tiles; and marble, granite, quartz, sandstone, travertine, slate, and onyx tiles primarily under the Rush River and Fired Earth brand names. The company also manufactures setting and maintenance materials, such as thinset, grout, and sealers under the Superior brand name. As of August 17, 2017, it operated 133 stores in 31 states and the District of Columbia with an average size of 20,600 square feet. The compa...

14000 Carlson Parkway

Plymouth, MN 55441

United States

Founded in 1985

1,331 Employees



Key Executives for Tile Shop Holdings, Inc.

CEO, President & Director
Age: 48
Total Annual Compensation: $456.3K
CFO & Senior VP
Age: 48
Total Annual Compensation: $240.5K
Age: 53
Total Annual Compensation: $216.5K
Compensation as of Fiscal Year 2016.

Tile Shop Holdings, Inc. Key Developments

The Tile Shop Expands Presence in Greater Phoenix Area with Opening of 4th Metro Store in Glendale

The Tile Shop now operates 4 retail showrooms in the Phoenix metro area with the opening of its newest location in Glendale. Located at 8154 W Bell Rd. #4, the 11,795 square foot retail showroom offers homeowners and trade professionals an exceptional design experience with a variety of more than 4,000 high-quality tile designs. With professional guidance provided by a team of design experts, shoppers may also utilize the on-site design and education center featuring the new digital Design Studio tool. Also available online, Design Studio helps customers choose their own custom layouts and visualize how a tile project will look upon completion by exploring tile, trim and grout options well before a purchase is made or an installation begins.

Tile Shop Holdings, Inc. Announces Retirement of Carl Randazzo as Senior Vice President Real Estate and Development on August 15, 2017

Carl Randazzo notified Tile Shop Holdings, Inc. that he intends to retire, having served as an executive officer of the company and its predecessor for 25 years. He will formally resign his position as Senior Vice President Real Estate and Development on August 15, 2017 and serve in a transition capacity until October 1, 2017, reporting to the Companys Chief Executive Officer. The position of Senior Vice President Real Estate and Development will be eliminated following August 15, 2017 and the duties performed by Mr. Randazzo split among other executives.

Tile Shop Holdings, Inc. Declares Quarterly Dividend, Payable on August 15, 2017

The Board of Directors of Tile Shop Holdings, Inc. has declared a quarterly dividend of 5 cents per common share. The dividend is payable August 15, 2017 to shareholders of record at the close of business August 1, 2017.

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