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And thanks to more than $130 million in debtor-in-possession financing, LL Flooring will be able to keep open more than 300 stores and its online platform during the Chapter 11 process, with the ...
LL Flooring, a specialty flooring company formerly known as Lumber Liquidators, is holding closing sales at 94 retail locations across the U.S. after it filed Sunday for Chapter 11 bankruptcy in ...
A Lumber Liquidators retail store is shown in San Diego, California March 2, 2015. It's successor company, LL Flooring, filed for Chapter 11 bankruptcy on Sunday August 11, 2024.
The company planned to pursue a sale of all of its assets and would close 94 locations as part of the sale. [10] On September 3, 2024, LL Flooring announced that it would shut down its operations and close all 424 locations nationwide after being unable to come to a stalking horse agreement with bidders. [11]
LL Flooring touted more than 400 stores earlier this year. By the time of its Chapter 11 petition, the company said it would be continuing forward with closer to 300 locations, with closing sales already beginning at 94 stores. But now, the closings will effect all remaining stores. Scores of workers are set to lose their jobs as a result.
LL Flooring, which launched in Stoughton, Mass., as Lumber Liquidators in 1994, said it would hold closing sales at its roughly 200 remaining retail locations as the company moves to shutter them ...
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