Home improvement outlet files for bankruptcy and shutters 94 stores across 47 states [Yahoo! Finance]
LL Flooring Holdings, Inc. (LL)
Last ll flooring holdings, inc. earnings: 2/25 06:00 am
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Source: Yahoo! Finance
The flooring company announced on Sunday night that it planned to close 94 locations across the country. The company operates more than 300 stores LL Flooring is reorganizing its company and noted in its announcement that it was actively engaged in negotiations with "multiple bidders" to sell the company The announcement also stated that the company's stores will continue to operate as normal during the Chapter 11 restructuring. “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,” Charles Tyson, President and Chief Executive Officer of LL Flooring, said in a statement He said the restructuring would "provide LL Flooring with additional time and financial flexibility" while it pursues "a going-concern sale of the rest of our business." Store closures are expected in 47 states where the company operates, including stores in
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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
- 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