Lumber Liquidators Solid as Hardwood While Housing is Weak

Dan Weiss submits:

The Company and Business:

Lumber Liquidators (LL)was started in 1993 with a decision by founder Tom Sullivan to selllumber at reduced prices out of a warehouse. From thosehumble beginnings, Tom was able to build an inventory of very high-quality wood which could be used in hardwood and other flooring, and thefirst store was opened three years later. The company's roots startedin Massachusetts but the company decided to move its headquarters toVirginia in order to have a much larger warehouse for the hardwoodflooring.

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