After the recent addition of LL Flooring to the F9 Brands retail portfolio, F9 Brands CEO Jason Delves said the company is exploring other potential strategic options that will better align with Southwind’s long-term growth opportunities.
Under terms of the deal, expected to close by the end of September, F9 will acquire 219 stores, a Virginia distribution center, and LL Flooring’s intellectual property and other assets.
Despite high mortgage rates, single-family home construction remained solid across regions, while multifamily construction continued to decline. Second home markets saw strong growth in both single-family and multifamily construction over the past decade.
The company, which began as Lumber Liquidators in 1993, said it would hold closing sales at its roughly 200 remaining retail locations as the company moves to close them over the next 12 weeks.
The shop-at-home direct-to-consumer flooring company is now offering same-day shop-at-home appointments to better meet customer needs in over 70 metropolitan markets across the country.
Leggett & Platt will donate $0.01 to Make-A-Wish for every square foot ($0.09 sq. yd.) of Make-A-Wish branded carpet and cushion underlayment products now through December 31, 2025, with a minimum donation of $100,000.
Don't let your groundbreaking flooring creation go unnoticed. Submit your new product entry by September 11, 2024, and let the flooring community experience the future you're building.
Owen Baker retired from Nourison Home five years ago after a distinguished career that spanned decades, including Oriental Weavers, Coronet Carpets, Monticello Carpets, Lee’s Carpet and Burlington Industries.
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