Home improvement chain with 442 locations in 47 states sparks fears of store closures as it mulls bankruptcy
Home improvement chain with 442 locations in 47 states sparks fears of store closures as it mulls bankruptcy
One of America's biggest flooring suppliers is considering bankruptcy - the latest retailer to face financial problems. LL Flooring, with 442 stores across 47 states, has seen its sales falling over the past year as Americans cut back on renovating their homes. Tom Sullivan founded Lumber Liquidators in 1994 by buying excess wood from companies and reselling it at a discount. The company at first did business out the back of a pick up truck in Stoughton, Massachusetts.
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