Lumber Liquidators
| Public | |
| Traded as | : LL S&P 600 Component |
| Industry | Retailing |
| Founded | Stoughton, Massachusetts, U.S. (1994) |
| Founder | Tom Sullivan |
| Headquarters | Toano, Virginia, U.S. |
|
Number of locations
|
300 (June 2013) |
|
Area served
|
United States, Canada |
|
Key people
|
Tom Sullivan (Founder, Chairman, and Acting CEO) |
| Products | Hardwood flooring |
| Revenue |  US$ 813.33 million (2012) |
|
US$ 78.35 million (2012) |
|
|
US$ 47.06 million (2012) |
|
| Total assets |
US$ 347.39 million (2012) |
| Total equity |
US$ 234.54 million (2012) |
|
Number of employees
|
1,420 (2012) |
| Website | www |
Lumber Liquidators (stylized as LUMBER LIQUIDATOR$) is an American retailer of hardwood flooring.
Lumber Liquidators was started in 1994 by Tom Sullivan, a building contractor who began purchasing excess wood from other companies. He then resold the wood from the back of a trucking firm's yard in Stoughton, Massachusetts. Three years later in 1996, the company found their niche market in hardwood flooring. On January 5, 1996, the company's first store opened in West Roxbury, Massachusetts, and sold 150 square feet of floors on the first day. By August of that year, they opened up a second store in Hartford, Connecticut.
The company has grown to be one of the largest retailers of hardwood flooring in the United States. It expanded to more than 375 Lumber Liquidators stores with over 1,000 employees in 47 states and Canada. It also launched online e-commence, catalogs, and its Virginia call center.
The company is currently headquartered in Toano, Virginia. The company's CEO is John Pressley. The firm is listed and trades under : LL.
In 2009, Lumber Liquidators began receiving sponsorship from Scripps’ HGTV, DIY Network and ABC’s Extreme Makeover: Home Edition.
The company expanded into Canada in the fourth quarter of 2010. The expansion plan was to add 36 to 40 stores.
A 2013 report by the Environmental Investigation Agency revealed that Lumber Liquidators' indiscriminate and poor sourcing practices resulted in the destruction of critically endangered tiger habitats and forests.
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Wikipedia