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Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Specialty home improvement retailer LL Flooring said this week it is going out of business and closing all of its stores after failing to buyer following a Chapter 11 bankruptcy filing last month. Despite negotiating with bidders…
New York CNN — LL Flooring, formerly known as Lumber Liquidators, is going out of business after the bankrupt company failed to find a buyer to rescue the 30-year-old retailer. As a result, LL Flooring will liquidate. Sales at its remaining 200 stores will begin on September 6, setting in motion an “orderly wind-down of operations”…
LL Flooring, the once formidable flooring hardware competitor of Home Depot, previously known as Lumber Liquidators, is closing all its stores only weeks after filing for bankruptcy. The 30-year-old hardware store, which once operated over 400 stores in the US, said it decided to liquidate after several negotiations didn’t yield the “best offer for the…
NEW YORK (AP) — After securing a last-minute buyer, LL Flooring is reversing course on shutting down all of its stores. The hardwood flooring retailer formerly known as Lumber Liquidators signed an agreement with private equity firm F9 Investments for a sale of its business on Friday afternoon. Under terms of the deal, expected to…
Check out what’s clicking on FoxBusiness.com. National retailer LL Flooring, previously known as Lumber Liquidators, has announced it is getting out of business after 30 years following a failed effort to find a buyer just weeks after filing for bankruptcy. The Richmond, Virginia-headquartered firm, which had 442 nationwide stores open until recently, says it will…
A sign out front of LL Flooring’s Henrico headquarters (BizSense file photo) In an abrupt reversal just days after announcing it would go out of business entirely, LL Flooring may have a new lease on life thanks to an eleventh-hour deal with its founder and former CEO. The bankrupt Henrico-based retailer on Friday said it…
American flooring company LL Flooring announced it will be closing its stores, with closing sales starting on Friday, Sept. 6. Since opening its doors in 1993, LL Flooring has operated more than 400 stores across 47 states, specializing in bamboo, cork, hardwood, laminate, tile and waterproof vinyl flooring, the company’s website says. The announcement comes…
The fate of two local flooring supply stores is clearer now that a buyer has stepped forward for the defunct national retailer formerly known as Lumber Liquidators. LL Flooring’s Santa Rosa store at 2716 Santa Rosa Ave. is among 219 locations and a Virginia distribution center that private-equity firm F9 Investments wants to continue operating,…
