Carpet Exchange
| Private | |
| ISIN | 🆔 |
| Industry | Home improvement |
| Founded 📆 | 1987 |
| Founder 👔 | |
| Headquarters 🏙️ | , , U.S. |
Number of locations | 17 |
Area served 🗺️ | Front Range (Colorado) and Cheyenne, Wyoming |
| Products 📟 | Floor coverings and countertops |
| Revenue🤑 | $105 million (2018) |
| Members | |
Number of employees | 220 (2019) |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
Carpet Exchange is a privately owned specialty floor covering company founded in 1987 and headquartered in Denver, Colorado.
Overview
The firm has 16 retail locations across the Front Range in Colorado and one outlet in Cheyenne, Wyoming.[1]
History
In 1985, Bruce Odette was managing a store called the Carpet Yard in Olde Town Arvada, Colorado.[2] In 1987, Gary Schwartz, Michael Goldfarb, and Odette purchased the Carpet Yard and changed the name to Carpet Exchange.[2] In 1997, Shaw Industries purchased Carpet Exchange and all its stores.[2]
Shaw sold the retail side in 1998.[2] After subsequent owners filed for bankruptcy in 2000, the original trio of Odette, Schwartz, and Goldfarb bought their business back along with all 11 stores.[2]
As of 2019, Odette and Schwartz co-own Carpet Exchange. Schwartz is a silent partner.[3]
References
- ↑ Harlan, Jessica (2018-07-27). "Retail Insights: How Bruce Odette Built Carpet Exchange into a $100 Million Chain". Rugnews.com. Retrieved 2019-12-19. Unknown parameter
|url-status=ignored (help) - ↑ 2.0 2.1 2.2 2.3 2.4 "Business News: The Denver Post". The Denver Post. Retrieved 2019-12-19. Unknown parameter
|url-status=ignored (help) - ↑ Chevalier, Jessica. "Carpet Exchange: Best Practices - Oct 2016". Floor Daily. Retrieved 2019-12-19. Unknown parameter
|url-status=ignored (help)
Shaw to Sell Carpet-Retailing Arm To Maxim for Roughly $93 Million[1]
Shaw Industries Buys The Carpet Exchange[2]
Carpet Exchange featured on 9 News in Denver, CO[3]
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- ↑ Hagerty, James (1998-06-24). "Shaw to Sell Carpet-Retailing Arm To Maxim for Roughly $93 Million". Wall Street Journal. Retrieved 1998-06-24. Unknown parameter
|url-status=ignored (help); Check date values in:|access-date=(help) - ↑ "Shaw Industries Buys The Carpet Exchange". The Spokesman-Review. 1996-11-23. Retrieved 1996-11-23. Unknown parameter
|url-status=ignored (help); Check date values in:|access-date=(help) - ↑ Rocznik, Karen (2019-09-26). "Carpet Exchange is a Colorado Success Story". 9News. Retrieved 2020-01-02. Unknown parameter
|url-status=ignored (help)
