flooring

Woodworking Industry News

Changing Subject, Lumber Liquidators Opens New Stores

Lumber Liquidators announced that it has opened or remodeled 18 new stores in the first five months of 2015. The positive news turns the subject away from a challenging series of revelations about its flooring manufactured in China. Separately, the EPA says it is not investigating formaldehyde emissions by Lumber Liquidators.

Management

Lumber Liquidators Gets Cover from Investment Analysts

Lumber Liquidators, under fire over allegations it sold formaldehyde-laced flooring that was falsely labeled CARB compliant, is now getting support from investment analysts Cantor Fitzgerald, which recommends its stock, and Raymond James, which commissioned tests that support the flooring manufacturer's case.