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[edit]
The firm has 16 retail locations across the Front Range in Colorado and one outlet in Cheyenne, Wyoming.[1]
History[edit]
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[edit]
- ↑ 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)
