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Linens ‘n Things is Going Out of Business

LNT has failed to find a buyer for the company after they filed for Chapter 11 bankruptcy protection last May. Liquidation already started last Thursday. This company employs around 17,500 people and was one of the largest purchasers of home furnishings in the U.S. as of dec. 31 but the sharp decline in the housing market has probably affected their business. I already say a “going out of business” sign at one of their branches here and also on their website.


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Daryl said…
The real problem is I don't we have even touched the tip of the iceberg yet.

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Hello. Hi. Goodmorning. Magandang umaga. Maayong buntag. I was just counting how many months i have not updated my blog. To be exact, it had been 9 months since my last post. My apologies for not keeping it updated. Hope my online visitors and friends are still there. I was just busy with family, work and more work. Hope everybody is good and doing fine. I will also be updating my blogroll. If you like to leave your url or web address so i can add it on my blogroll, please feel free to do so. I am happy to be back.Thank you all and have a wonderful day to everyone :)