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.
F9 Investments, the largest shareholder in LL Flooring, has highlighted a concerning pattern of underperformance and failed operational strategy under the current leadership.
Flooring represents 46% of Live Ventures' total 2022 revenue and a combined entity would be one of the largest flooring retailers in the United States.
LL Flooring, one of the nation’s largest specialty retailers of hard-surface flooring, and the National Flooring Contractors Apprenticeship Program (NFCAP) are marking a milestone with the opening of the initiative’s first training facility in partnership with the Gary Job Corps Center in San Marcos, Texas.
LL Flooring, formerly Lumber Liquidators, launched Duravana hybrid resilient flooring—an entirely new category of flooring. Duravana is PVC-free and made with wood from responsibly managed forests as certified by the Forest Stewardship Council.