LL Flooring to close 94 stores as it files for bankruptcy [FOX Business Network]
LL Flooring Holdings, Inc. (LL)
Last ll flooring holdings, inc. earnings: 2/25 06:00 am
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Source: FOX Business Network
Securities and Exchange Commission (SEC). On Sunday, the company filed for relief under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware. It aims to "pursue a going-concern sale of its business," the company said in a statement. "After comprehensive efforts to enhance our liquidity position in a challenging macro environment, a determination was made that initiating this Chapter 11 process is the best path forward for the company," CEO Charles Tyson said. Tyson said this filing "is intended to provide LL Flooring with additional time and financial flexibility" as it reduces its physical footprint and closes certain stores while pursuing a going-concern sale of the rest of the business. The company has already initiated store closing sales at 94 of its over 300 locations. Those 94 stores will remain open and serving customers through this closing process, LL Flooring said. The rest of its physical store portfolio, along with its online marketplace, will co
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LL
News
- LL Flooring to close over 90 stores, including in Ohio; Here's the full list [Yahoo! Finance]Yahoo! Finance
- LL Flooring files bankruptcy, will close 94 stores. Here's where they are. [USA TODAY]USA TODAY
- LL Flooring to close 94 stores as it files for bankruptcy [Yahoo! Finance]Yahoo! Finance
- Home improvement outlet files for bankruptcy and shutters 94 stores across 47 states [Yahoo! Finance]Yahoo! Finance
- Leading flooring chain declares bankruptcy, will close 11 California locations [Yahoo! Finance]Yahoo! Finance
LL
Sec Filings
- 8/12/24 - Form SC
- 8/12/24 - Form NT
- 8/12/24 - Form 8-K
- LL's page on the SEC website