LL Flooring is winding down operations with store closing sales beginning at all remaining stores on September 6.

LL Flooring is winding down operations with store closing sales beginning at all remaining stores on September 6.

  • Posted by Contributor
  • On September 3, 2024
  • Cutting Edge Products
These discussions have not resulted in an offer, with the necessary financing, that would maximize the value of LL Flooring. Under Chapter 11 rules, the Company is required to achieve the highest or otherwise best offer for the Company’s business or assets and, in this case, it was determined that a sale of the Company’s individual assets, holding closing sales at our stores and winding down the business will deliver the most value to its creditors.
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