Lumber Liquidators

Lumber Liquidator is the largest retailer of hardwood flooring in the U.S. This publicly traded company was started in 1994 by Tom Sullivan. In 2018, the company had 415 stores in North America

Hardwood Update 2013 — October 2013

By Jessica Chevalier   The hardwood category offers interesting challenges for retailers. It’s a highly desirable flooring product that, for years, commanded a high price point. However...
http://www.floordaily.net/floorfocus/hardwood-update-2013--october-2013

LL Flooring & Live Ventures Cooperating on Board Member Selection

Richmond, VA, April 30, 2024- LL Flooring Holdings has provided an update on its previously announced strategic alternatives review process and separately announced a cooperation agreement signed with...
http://www.floordaily.net/floorfocus/live-ventures-makes-another-bid-to-acquire-...

Lumber Liquidators Offers Discount to NASCAR Viewe

Charlotte, NC, May 18, 2006--Lumber Liquidators, primary sponsor for Craftsman Truck Series points leader Todd Bodine, announced today that television viewers of Friday's Quaker State & Lube 200 w...
http://www.floordaily.net/floorfocus/lumber-liquidators-offers-discount-to-nasca...

TA Associates Completes $35M Investment in Lumber

Boston, MA, January 4--TA Associates, a leading private equity and buyout firm, has completed a $35 million investment in Lumber Liquidators, Inc., the largest direct retailer specializing in hardwood...
http://www.floordaily.net/floorfocus/ta-associates-completes-35m-investment-in-l...

Laminate Report: Retailers indicate that the category is holding its own - Aug/Sep 18

By Beth Miller It wasn’t that long ago that laminate flooring was the latest fad in the flooring industry. Developed in Europe in the late 1970s, laminate was first introduced here in the U.S. a...
http://www.floordaily.net/floorfocus/laminate-report-retailers-indicate-that-the...

Sullivan's F9 Investments Makes Another Bid for LL Flooring

Richmond, VA, November 14, 2023-"LL Flooring Holdings Inc., formerly known as Lumber Liquidators, received Tuesday a buyout bid from private equity firm F9 Investments LLC that values the wood floors ...
http://www.floordaily.net/floorfocus/sullivans-f9-investments-makes-another-bid-...

Hardwood Update 2010 - October 2010

By Jessica Chevalier Though hardwood has suffered significantly in the recession, down 44.4% from its peak in 2006, Market Insights/Torcivia projects growth for the category this year and in the year...
http://www.floordaily.net/floorfocus/hardwood-update-2010--october-2010

Judge Axes Some False Ad Claims in LL Case, Retains Others

New York, NY, June 26, 2017-A Virginia federal judge overseeing multidistrict litigation over Lumber Liquidators’s allegedly hazardous laminate wood flooring axed California state law false adve...
http://www.floordaily.net/floorfocus/federal-judge-axes-some-false-ad-claims-in-...

HSBC Launches Lumber Liquidators Credit Program

Prospect Heights, IL, May 23, 2007--HSBC Finance Corporation's card and retail services business has formed a strategic alliance with Lumber Liquidators, the nation's largest direct retailer of hardwo...
http://www.floordaily.net/floorfocus/hsbc-launches-lumber-liquidators-credit-pro...

Building a Hardwood Brand - April 2008

By Brian Hamilton It’s not easy these days for a typical hardwood flooring manufacturer to stand out in what has become a fairly crowded, although somewhat bifurcated and fragmented, mark...
http://www.floordaily.net/floorfocus/building-a-hardwood-brand--april-2008

Lumber Liquidators Files Lawsuit Against Founder's New Company

Richmond, VA, March 25, 2019-Lumber Liquidators has filed a lawsuit against founder and former leader Tom Sullivan’s new company Cabinets To Go, seeking at least $10 million in damages, accordin...
http://www.floordaily.net/floorfocus/lumber-liquidators-files-lawsuit-against-fo...

Lumber Liquidators Announces Final Resolution In Proposition 65 Lawsuit

Toano, VA, August 18, 2016—Lumber Liquidators has announced the final resolution of the Proposition 65 lawsuit originally filed on July 23, 2014, in the Superior Court of the State of California...
http://www.floordaily.net/floorfocus/lumber-liquidators-announces-final-resoluti...

Lumber Liquidators to Pay $33 Million Fine as Part of High-Formaldehyde Laminate Scandal

Toano, VA, March 13, 2019--Lumber Liquidators has agreed to pay a $33 million penalty to settle federal charges it misled investors about the safety of its laminate flooring made in China and sold to ...
http://www.floordaily.net/floorfocus/lumber-liquidators-to-pay-33-million-fine-a...

Website Says Some LL Products Don't Meet CARB

New York, NY, June 24, 2013 -- Online investment website Seeking Alpha is reporting that some products sold by Lumber Liquidators have over three times the maximum legal level for formaldehyde.The web...
http://www.floordaily.net/floorfocus/website-says-some-ll-products-dont-meet-car...

Eagle Bay Purchases LL Finishing Lines, Will Produce Bellawood

Boonville, NY, August 23, 2018-On July 26th, Delta Hardwood Flooring-an upstate New York-based producer of high-quality hardwood products and marketer of its new brand, Eagle Bay Hardwood Flooring-pur...
http://www.floordaily.net/floorfocus/eagle-bay-purchases-ll-finishing-lines-will...

Janney Upgraded LL Stock, Disputing ASTM Test

Philadelphia, PA, March 4, 2015—As fallout of the 60 Minutes report that found some of Lumber Liquidators’ Chinese-made laminate flooring to have excessive levels of formaldehyde, a known ...
http://www.floordaily.net/floorfocus/janney-upgraded-ll-stock-disputing-astm-tes...

LL Flooring Net Sales Declined 4.6% in Q3, Income Declined

Richmond, VA, November 4, 2021-Lumber Liquidators/LL Flooring announced Q3 2021 net sales of $282.2 million, a decrease of 4.6% compared to Q3 2020’s $295.8. Double-digit growth in pro and servi...
http://www.floordaily.net/floorfocus/ll-flooring-net-sales-rose-46-in-q3-income-...

Live Ventures Makes Offer on LL Flooring

New York, NY, October 12, 2023-Live Ventures Incorporated submitted a non-binding proposal to acquire flooring retailer LL Flooring Holdings, formerly Lumber Liquidators, for $5.85 per share in an all...
http://www.floordaily.net/floorfocus/live-ventures-makes-offer-on-ll-flooring

Lumber Liquidators Expands

James City, VA, Jun. 14--According to the Virginia Gazette, Lumber Liquidators, the growing hardwood flooring company now based near Richmond, will expand its manufacturing and distribution operation ...
http://www.floordaily.net/floorfocus/lumber-liquidators-expands

LL Flooring Partners with Installer Apprenticeship Program

Richmond, VA, September 16, 2021-LL Flooring, formerly Lumber Liquidators, announced a partnership with the National Flooring Contractors Apprenticeship Program (NFCAP), in efforts to lend its resourc...
http://www.floordaily.net/floorfocus/ll-flooring-partners-with-installer-apprent...

Lumber Liquidators Launches New Web Site

Ann Arbor, MI, June 21, 2006-- Fry Inc., an e-commerce design, development and managed services provider announced the launch of a new e-commerce Web site for Lumber Liquidators. Lumber Liquidator...
http://www.floordaily.net/floorfocus/lumber-liquidators-launches-new-web-site

Lumber Liquidators to Pay $13.2 Million in Fines for Lacey Violations

Washington, DC, February 2, 2016—Lumber Liquidators has been sentenced to $13.2 million in fines and forfeitures for importing illegal wood and submitting false declarations under the Lacey Ac...
http://www.floordaily.net/floorfocus/lumber-liquidators-to-pay-132-million-in-fi...

Lumber Liquidators Laminate Reported Noncompliant on 60 Minutes

New York, NY, March 2, 2015-- CBS’s 60 Minutes aired a program on the evening of March 1 in which it reported that independent testing of Chinese-made Lumber Liquidators laminate flooring rev...
http://www.floordaily.net/floorfocus/lumber-liquidators-laminate-reported-noncom...

Founder of LL Flooring, Tom Sullivan, Has Acquired 9.4% of LL's Stock

Richmond, VA, May 25, 2023-Tom Sullivan, founder and former CEO of LL Flooring, acquired 9.4% of LL stock for the purpose of beginning discussions with LL management board about merging the stores wit...
http://www.floordaily.net/floorfocus/founder-of-ll-flooring-tom-sullivan-acquire...

2007 Hardwood Update - October 2007

By Brian Hamilton Like other segments of the floorcovering industry, U.S. hardwood manufacturers are bracing themselves for a rough ride the rest of this year and probably for most of 2008. Th...
http://www.floordaily.net/floorfocus/2007-hardwood-update--october-2007

Lumber Liquidators To Continue Rapid Growth

Toano, VA, March 13, 2009--Lumber Liquidators plans to continue its aggressive expansion, the firm said it a conference call on Tuesday."Much of our success last year was due to our ability to grow ou...
http://www.floordaily.net/floorfocus/lumber-liquidators-to-continue-rapid-growth

Hardwood Update 2012 - October 2012

By Brian Hamilton   Hardwood flooring sales appear to be making a comeback this year as the home builder market is showing signs of life and more homeowners are interested in remodeling with ...
http://www.floordaily.net/floorfocus/hardwood-update-2012--october-2012

Lumber Liquidators Expects To Raise $43M in IPO

Toano, Va, October 18, 2007--Lumber Liquidators has set the terms of its initial public offering, according to a Securities and Exchange Commission filing Thursday.   The company expects the IP...
http://www.floordaily.net/floorfocus/lumber-liquidators-expects-to-raise-43m-in-...

Lumber Liquidators Lawsuit Claims Excessive Formaldehyde Levels

Oakland, CA, July 23, 2014—Global Community Monitor filed a lawsuit against Lumber Liquidators claiming its Chinese-made laminate flooring emits excessive levels of formaldehyde. Plaintiffs con...
http://www.floordaily.net/floorfocus/lumber-liquidators-lawsuit-claims-excessive...

Lumber Liquidators May Have Lost Marketshare

New York, NY, July 22, 2011 -- Lumber Liquidators recently guided sales and earnings lower, which caused the stock to tumble.Flooring industry analyst John Baugh of Stifel Nicolaus noted that the "unp...
http://www.floordaily.net/floorfocus/lumber-liquidators-may-have-lost-marketshar...