Tag: Lumber Liquidators
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Lumber Liquidators Hires A New CEO To Right The Ship
Struggling flooring retailer Lumber Liquidators has hired longtime director John M. Presley as its new CEO. He will be tasked with helping the company recover from a major safety scandal that has badly damaged its stock price and sales. Lumber Liquidators’ founder, Thomas D. Sullivan, who has served as the acting chief since May 21 […]
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Lumber Liquidators Under Fire By EPA For Home Testing Methods
Lumber Liquidators Holdings Inc. has come under fire by the U.S. Environmental Protection Agency for its home testing methods. The company was recently found to be using laminate flooring from China that contains an excessive level of formaldehyde, a known carcinogen. Lumber Liquidators sent thousands of do-it-yourself tests to people who’d purchased the products. The product is […]