TOANO, Va., Feb. 25, 2011 -- Lumber Liquidators (NYSE: LL), the largest specialty retailer of hardwood flooring in the U.S., today announced that William K. Schlegel has joined the Company as its Chief Merchandising Officer, effective March 14, 2011. In this position, Mr. Schlegel will oversee the Company's merchandising, replenishment and allocation and global sourcing activities, and will report directly to Robert M. Lynch, President and Chief Operating Officer.
Mr. Jeff Griffiths, Chief Executive Officer, stated, "Bill's more than 30 years of experience in home improvement and retail merchandising make him an extremely valuable addition to our leadership team and we are excited to have him join Lumber Liquidators. His proven ability to grow businesses through innovative merchandising strategies and drive improvements in performance through his extensive global sourcing experience will be strong assets to Lumber Liquidators. We look forward to Bill's contributions as we continue to execute our growth strategy and deliver our value proposition to our customers."
Mr. Schlegel most recently served as Vice President of Merchandising at Harbor Freight Tools, where he reorganized the Global Sourcing and Quality Group, maximized international sourcing efforts and significantly improved overall profitability. Previously, he held the position of Vice President of Merchandising at Gander Mountain. Mr. Schlegel also held global procurement and merchandising roles during his nearly 10 years of service at Home Depot. He holds a Bachelor of Arts and Sciences in Business and Marketing from Roosevelt University in Chicago.
About Lumber Liquidators
Lumber Liquidators is the largest specialty retailer of hardwood flooring in the United States. With more than 230 stores and 340 varieties of flooring, including solid and engineered hardwood, bamboo, cork and laminate, and featuring premier brands such as Bellawood (which features a 50-year warranty), Dream Home, Schon, Virginia Mill Works, and Morning Star, Lumber Liquidators has one of the most extensive selections of prefinished and unfinished hardwood flooring in the industry. Its hardwood line is made up of more than 25 domestic and exotic wood species in both prefinished and unfinished brands of various lengths and widths. Flooring experts in every store provide consumers with useful product information and answers to all of their flooring questions.
While keeping costs down is part of the Company's philosophy, Lumber Liquidators is also committed to offering high-quality, name-brand products that it stands behind with confidence.
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