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Chain once known as Lumber Liquidators is going out of business, will be liquidated (finance.yahoo.com)

submitted 2 months ago by jordanlund@lemmy.world to c/nottheonion@lemmy.world

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cross-posted from: https://lemmy.world/post/19460188

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[–] Buttflapper@lemmy.world 10 points 2 months ago

Well, for one thing, if you position yourself as a liquidator or selling stuff for a bargain, and your prices are the exact same as the rest of the market, then you really don't have anything to offer. I'm assuming that's what happened to them. Lumber is so damn expensive that they have no bargain value anymore. Why would you go to a lumber liquidator if you are paying the exact same amount as anywhere else?