The Daily Mail reported that LL Flooring filed for Chapter 11 bankruptcy protection in Delaware on Aug. 11.
A major flooring materials supplier in the U.S. has filed for bankruptcy and plans to close 94 of its locations across the country.
Is your favorite chain closing stores?)
A Chapter 11 filing allows companies to continue running their business while they work out how to cut costs and renegotiate with firms they owe money to.
Department store chain Macy's also feeling the pinch Store closing has seemed to hit several companies hard, including department store chain Macy's.
In 2020, Lumber Liquidators was renamed to LL Flooring.
The 30-year-old LL Flooring isn't alone in its predicament, however.
https://www.naturalnews.com/2024-08-19-ll-flooring-files-bankruptcy-closes-94-stores.html
No comments:
Post a Comment