LL Flooring files bankruptcy, will close 94 stores. Here's where they are. [USA TODAY]
LL Flooring Holdings, Inc. (LL)
Last ll flooring holdings, inc. earnings: 2/25 06:00 am
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Source: USA TODAY
USA TODAY 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 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 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. LL Flooring said in the filings that it has attempted to find a buyer but is willing to solicit offers to close more stores if one cannot be found. "The company is engaged in discussions with potential buyers of the company, and t
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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 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 Flooring to close 94 stores as it files for bankruptcy [FOX Business Network]FOX Business Network
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