LL Flooring closing 94 stores, files bankruptcy. See where they are.

LL Flooring has announced that it will close 94 stores in more than 30 states as it filed for chapter 11 bankruptcy.

The company, formerly known as Lumber Liquidators, said that it is nearly $110 million in long-term debt in filings made in Delaware bankruptcy court on Sunday.

The Richmond, Virginia-based company said in the filings that slowing home sales and rising interest rates contributed to slower sales in the home improvement market. The company’s 300 other stores will remain open.

LL Flooring said it will stop accepting gift cards at all of its locations, including the ones that aren’t shuttering, on Sept. 4 as a part of the bankruptcy process, and that gift cards cannot be exchanged for cash. The company said in the filings that it has approximately $131 million in outstanding gift cards.