At Home’s financial troubles come as other retailers and chains have recently filed for bankruptcy protection, including Joann, Rite Aid and Party City. WASHINGTON — A popular home decor retailer will close nearly 30 stores as part of the company’s bankruptcy proceedings. At Home, a home goods chain based in Texas, announced it had filed for bankruptcy on…
For the first time since the early 1980s, Gardner White is back in Detroit — and this time, it’s bringing a whole new retail concept. The Michigan-based furniture company debuted GW HOME with a ribbon-cutting and cocktail reception on Thursday, June 5. Located at 1201 Woodward Ave., across from the Hudson’s site development, the store…
LL Flooring – previously known as Lumber Liquidators – is shutting all its stores after going out of business after three decades. The retailer, one of America’s biggest flooring suppliers, was looking for a buyer after filing for bankruptcy. Earlier in the summer it had 442 stores, but shut nearly 100 as it looked to…
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…
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…
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,…
LL Flooring has signed an agreement to sell 219 of its stores to F9 Investments, the company announced on Friday. The agreement comes days after the retail company announced it would be closing over 400 stores nationwide. LL Flooring filed a Chapter 11 bankruptcy claim on Aug. 11 after the company “spent several months” trying…
