Linens 'n Things
Company and Retailer
Retailers better positioned this season coming out of recession...would be competing for in-store traffic today have gone -- Gottschalks and Joe's Sports, Outdoor & More -- or gone online only, such as Linens 'n Things and Circuit City. But this year, buyers knew exactly what they faced going in. Many... In this article: Recession, National Retail Federation, Unemployment, Bankruptcy, Foster School of Business, University of Washington, Santa Clara University, Bi-Mart, and Linens 'n Things |
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PR Newswire: Financial | 4 days ago
No Holiday for Gift Cards: Store Cards Expected to Fall 7% as Buyers Face New Economic Realities, Weaker Inventories and Merchant Uncertainty
...debit cards." "One hundred million dollars in loaded gift card value became compromised when retailers such as Sharper Image and Linens 'n Things failed in 2008," Riley concludes. "It is important for the payments industry to ensure that...
In this article: Inventory, Title IV, Debit card, Bankruptcy, Sharper Image, and United States
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Pittsburgh Post-Gazette | 6 days ago
Local retailers prepare for day of holiday deals
...family has been in the business of selling home goods for decades. Consolidation in the industry, including the closing of the Linens 'n Things stores last year, helped boost sales in some Altmeyer stores. In addition, the private company...
In this article: Recession, Sears, Soybean, National Retail Federation, Avon, and Toys R Us
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washingtonpost.com | November 19, 2009
Discount retailer Forman Mills to open pair of new area stores
...for space major barriers. But the recession changed that, derailing expansion plans for some major chains. And others, including Linens 'n Things and Circuit City, have either gone out of business or closed stores and left hulking...
In this article: National Wholesale Liquidators, Circuit City, Recession, Washington, Burlington Coat Factory, and SYMS
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Seeking Alpha | November 18, 2009
The TJX Companies, Inc. F3Q10 (Qtr End 10/31/09) Earnings Call Transcript
...things. First of all, Linens 'n Things is not affecting HomeGoods at all, so where there is a Linens 'n Things, our stores that are not near Linens 'n Things are doing just as well, in some cases better. That's pretty much the case with...
In this article: The TJX Companies, Recession, Europe, and A.J. Wright
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Boston Herald | November 17, 2009
Bankrupt Tweeter to sell off name
...paid $87.6 billion for Polaroid's assets and are licensing the brand to vendors. They also bought the Sharper Image, Bombay Co. and Linens 'n Things brands out of bankruptcy. The Tweeter bids will be accepted through Nov. 30, and the...
In this article: Tweeter, Bankruptcy, Sharper Image, New York, Creditors, Bombay Co., CompUSA, and Systemax Inc.
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New York Post | November 12, 2009
Naked ambition
...well as Hilco Consumer Capital -- a Toronto-based buyout shop that has partnered to scoop up brands as diverse as Polaroid, Sharper Image and Linens 'n Things. As first reported by The Post in May, the iconic brand known for its bunny logo...
In this article: Playboy, Apollo Management, Ocean Pacific, Hugh Hefner, Market capitalization, Acquirer, Rocawear, and Oak Hill Capital Partners
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Naples Daily News | November 10, 2009
In the Know: Naples' PGA Tour Superstore to open in December
Posted November 10, 2009 at 3:54 p.m. Q: There are several huge Dumpsters in the parking lot by the former Linens 'n Things in the Naples shopping center across from Coastland mall. There are lights on and people inside are working. What...
In this article: Naples, FPL, Customers, Wikipedia, Publix, and Babolat
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Reuters | November 04, 2009
Jumbo LBO deals fared badly - Moody's report
...much worse than other private equity deals or similarly rated companies, Moody's concluded. Among some of Apollo's deals -- Linens 'n Things filed for bankruptcy protection as sales slumped, Harrah's has struggled with its debt load...
In this article: Moody's, Apollo Management, KKR, Bankruptcy, Realogy, Welsh Carson, and Cerberus Capital
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USATODAY.com | November 03, 2009
Bankruptcy is really bad news for stock investors
...and shock that their money is gone. But common shareholders have been all but wiped out even more recently with Circuit City, Nortel and Linens 'n Things. You can get a list of all the largest public-company bankruptcy protection filings...
In this article: Bankruptcy, USA Today, Liquidation, Kmart, Nortel, Twitter, and Circuit City
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St. Petersburg Times | November 02, 2009
Developers of Wesley Chapel's Cypress Creek Town Center want 10-year extension
She said the company needs the extra time to wait out the sour economy in hopes of later attracting tenants. Several possible tenants, Linens 'n Things and Circuit City, closed all their stores after filing for bankruptcy. Patrick...
In this article: Wesley Chapel, Sierra Club, Pasco County, Bankruptcy, and Revenue
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Description from Wikipedia:
Linens 'n Things, Inc., headquartered in Clifton, New Jersey, was a big box retailer of home textiles, housewares and decorative home accessories in the United States and Canada. The chain operated 571 stores in 47 states and six Canadian provinces, and had 7,300 employees as of December 2006.
The struggling company began liquidating its remaining stores in October 2008 after many previous store closures.
The company's business strategy was "to offer a broad selection of high quality, brand name home furnishings merchandise at exceptional everyday values, provide superior guest service, and maintain low operating costs."
- Name:
- Linens 'n Things, Inc.
- Type:
- Private
- Location:
- Clifton, New Jersey
- Founded:
- 1975
- Industry:
- Retail
- Key People:
- Scott Hurd (CFO), Robert (Bob) DiNicola, (CEO)
- Products:
- Home Furnishings
- Status:
- Bankruptcy
- Website:
- http://www.lnt.com/
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