EXHIBIT 21.1
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                        SUBSIDIARIES OF THE REGISTRANT


1.   Maxim Retail Group, Inc., a corporation organized under the laws of the
     State of Georgia.

2.   Kinnaird & Francke Interiors, Inc., a corporation organized under the laws
     of the State of Delaware and operating under the names Stevens Floor
     Covering, Inc. and Louisville Floor Covering, Inc.

3.   Kinnaird & Francke Drapery Company, Inc., a corporation organized under the
     laws of the State of Kentucky and operating in the States of Kentucky and
     Indiana under the name The Workroom.

4.   Losantville Carpet Outlet, Inc., a corporation organized under the laws of
     the State of Indiana.

5.   First Quality, Inc., a corporation organized under the laws of the State of
     Delaware.

6.   Steve Peterson Interiors & Associates, Inc., a corporation organized under
     the laws of the State of Utah.

7.   RNA Enterprises, Inc., a corporation organized under the laws of the State
     of Delaware and operating under the names Carpet World, Carpet & Tile
     World, Royal Carpet World, and Carpet World - Dalton, Georgia Factory
     Outlet.

8.   Bay Area Carpets, Inc., a corporation organized under the laws of the State
     of Delaware.

9.   Carpet World, Inc., a corporation organized under the laws of the State of
     Delaware.

10.  GCO Carpet Outlet, Inc., a corporation organized under the laws of the
     State of Alabama.

11.  Investor Management, Inc., a corporation organized under the laws of the
     State of Alabama.

12.  Dubose Carpets & Floors, Inc., a corporation organized under the laws of
     the State of Delaware and operating in the State of Texas under the names
     Carpet Wholesalers, Inc. and Carpetmax.

13.  Rugs N Remnants, Inc., a corporation organized under the laws of the State
     of Texas and operating under the names Tons O Carpet and The Rug Factory,
     Inc.

14.  Carpet Gallery, Inc., a corporation organized under the laws of the State
     of Georgia and operating under the name Authorized Carpet Mill Store, Inc.

15.  American Carpets & Interiors, a corporation organized under the laws of the
     State of Georgia.

16.  Carpet Country, Inc., a corporation organized under the laws of the State
     of Georgia.

17.  Carpetmax, L.P., a limited partnership organized under the laws of the
     State of Georgia.

18.  GCO, Inc., a corporation organized under the laws of the State of Nevada.

 
                                                                    EXHIBIT 21.1
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19.  Bailey & Roberts Carpetmax of Tennessee, Inc., a corporation organized
     under the laws of the State of Tennessee and operating in the State of
     Tennessee under the names Bailey & Roberts, Bailey & Roberts Flooring,  and
     Carpetmax and operating in the State of Colorado under the names Bailey &
     Roberts and Bailey & Roberts Flooring.

20.  Carpetmax of New Mexico, Inc., a corporation organized under the laws of
     the State of Georgia.

21.  Maxim Equipment Leasing Company, Inc., a corporation organized under the
     laws of the State of Georgia.

22.  Image Industries, Inc., a corporation organized under the laws of the State
     of Delaware.

23.  Carpetmax Alabama Contract, Inc., a corporation organized under the laws of
     the State of Alabama.

24.  Creditmax Corp., a corporation organized under the laws of the State of
     Georgia.

25.  Cloud Carpets, Inc., a corporation organized under the laws of the State of
     Georgia.

26.  Tri-R of Orlando, Inc., a corporation organized under the laws of the State
     of Georgia and operating in the State of Florida under the name The
     Flooring Center.

27.  Carpetmax of Charlotte, Inc., a corporation organized under the laws of the
     State of Georgia.

28.  Carpetmax of Palm Beach, Inc., a corporation organized under the laws of
     the State of Georgia.