Company Snapshot: Lumber Liquidators
Total Annual Sales:
Thomas D. Sullivan- Chairman of Board of Directors
Robert M. Lynch- CEO, President
Lumber Liquidators was founded in 1993 by Tom Sullivan, then a building contractor, who began purchasing excess wood from other companies. He then resold his wares from the back of a trucking yard. In 1996, Mr. Sullivan opened his first store and opened a second eight months later.
Today, after years of steady growth, even through the years of the recession, the company operates well over 300 stores and expects to open 10-12 by the end of the next quarter. Mr. Sullivan continues to steer the company as its Chairman.
This year, Chain Store Guide celebrates its 80th anniversary. In honor of this occasion, we are hosting a monthly series of editorials called “Chain Store Guide Through The Ages”, starting with the 1930s. We will take a look at what was happening in that time and how it affected the industries we now serve. Our Company Snapshots will examine companies from that period and see where they are today.
*Image courtesy of: Dwight Burdette via Wikimedia Commons