Summary
NEW YORK -- Specialty retailer Linens 'N Things, which filed for bankruptcy protection in May, plans to begin liquidation sales at its stores as early as Thursday after failing to find a buyer that wanted to operate the company.
"It's a straight going-out-of business liquidation sale," said James Schaye, president and chief executive of Hudson Capital Partners, one of the members of the investment group buying the company's assets. He expects the process for the company's 371 remaining store locations will take about 11 weeks.See the full content of this document
Extract
Linens 'N Things Stores to Close
A manager at the ...
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