Linens 'n Things

Linens 'n Things is defunct retailer of home textiles, housewares and decorative home accessories.

On May 2, 2008, Linens 'n Things filed for Chapter 11 bankruptcy and closed 120 stores.[8] In August 2008, Linens 'n Things devised a plan to emerge from bankruptcy early in 2009. Under the plan, the retailer intended to reverse many of the strategies introduced after the company was bought by Leon Black. Chief among those tactics was a shift to splashy clearance sales and product promotions. Revised management wished to return Linens 'n Things to an "everyday, low price" model it had pursued during its earlier years as a public company. It also wished to improve the quality of its merchandise and to keep shelves stocked in timely fashion, the paper said.[9]

On October 7, 2008, Bloomberg News reported that Linens 'n Things asked the Bankruptcy Court for permission to auction the remaining 371 stores and hold store closing sales.[10] On October 14, the company announced its official sale to a group of liquidators. The company began liquidation sales at its remaining stores in both the United States and Canada and on the chain's website, LNT.com, on October 17. The sales concluded on December 28, 2008 in all stores,[3] [4] but Linens 'n Things continued the liquidation sale on its website until February 15, 2009.