nationwide.
I highly doubt it will be the one in Greensburg, they just built it a few years ago when they built the new Wal-Mart supercenter plaza...
List of closures
http://media.corporate-ir.net/media_files/irol/10/106147/ReleaseNew5_1.pdf
it looks like CA will get it the most :insane:
Linens 'n Things also wants to sell its 40 Canadian stores. Bed Bath & Beyond, which opened its first Canadian store in 2007, is among potential buyers.
Two locations are closing in Maine: Bangor (opened late 2005) and Biddeford (opened late 2006).
I read that the Lisbon Landing Linens n Things will be closing. I know that Old Navy closed there recently. I was wondering whether Lisbon Landing was a bit of a failure. It seems unusual for a new shopping center to lose two stores in a short time.
That whole area is overstored without a population to support it. There's a new plaza going up across from Lisbon Landing and the plaza in Killingely is starting to open as well.
So that means a whole section is Lisbon is going to be empty because Linens and Things is right next to the former old navy. I don't understand why they are building a new shopping center across the street when they can't seem to keep stores in the original Lisbon Landing. Just seems like a waste to leave two huge stores sitting there...
In CT I heard that they are only closing the Farmington store. I orgininally thought the whole chain was closing.
QuoteOriginally posted by momof3
In CT I heard that they are only closing the Farmington store. I orgininally thought the whole chain was closing.
Farmington and Lisbon. Only two are closing out of the state's 13. Nothing too serious -- for now.
Thats good news because I like the Plainville store.
QuoteOriginally posted by XISMZERO
Farmington and Lisbon. Only two are closing out of the state's 13. Nothing too serious -- for now.
I'm glad Plainville and Waterbury are staying open. Those 2 shopping centers can't catch a break. Where LNT is in Waterbury, The Rag Shop is still empty. And where LNT in Plainville is KB is still empty. Seems like whenever something opens something else decides to close in Plainville.
I'm surprised about Farmington, as that's next to Westfarms, however maybe they weren't doing well. I bet something will replace it quicker than if it was not near Westfarms. I remember Farmington was Waldbaum's over a decade ago.
Linens 'n Things closing fewer stores than thought
By Emily Chasan
NEW YORK, July 28 (Reuters) - Bankrupt home goods retailer Linens 'n Things said on Monday it will close 30 fewer stores than originally expected.
http://www.reuters.com/article/fundsFundsNews/idUSN28148620080728
yeah, i couldnt figure out why the one in lisbon closed. it looks like a pretty new center there. I don't live there, but there is a campsite i go to located nearby. i was at the store closing sale with 3 days to go. they should have just closed that day. there wasn't anything left to sell really. i got pics somewhere, i'll attempt to upload them when i find them.
It's my understanding that Lisbon is located in the middle of nowhere and in my opinion it was a big mistake to build a huge shopping center like that in the middle of nowhere.
What is the shopping center going across the street from Lisbon landing going to be?? will there be a supermarket there??
Here's Farmington, CT -- taken July 2008, a few months before final closure.
Soiled Linens: No. 2 Home Chain Talking Liquidation
By Tim Craig
CLIFTON , N.J. (Oct. 8) The die is cast for Linen's N Things. In the long-running saga to save the nation's No. 2 vertical home goods retailer, a decisive move was taken Tuesday that should resolve the fate of the company once and for all.
Having failed so far to attract a suitor for the 371-unit chain, the company is now giving any remaining potential "stalking horse" suitors an ultimatum: Decide now, or we liquidate within a week.
That message was glaringly clear Tuesday when Linens' chief restructuring officer Michael Gries asked permission of the bankruptcy court to auction its remaining 371 stores as early as Oct. 14 and begin going-out-of-business sales two days later on the 16th. Bankruptcy Judge Christopher Sontchi has scheduled a hearing on the matter for Friday, Oct. 10.
According to a report from the Bloomberg News Service, the company may be advocating a quick and expeditious liquidation process in the interest of beating other ailing retailers to the punch. Bloomberg cited Gries as telling the court, "We knew there would be other liquidations that were also going to take place," adding that the company would want to position itself appropriately in the current "buyer's market."
The once-public company was purchased and taken private by Apollo Management in 2006. At the time the deal was consummated, Linens 'N Things, which operated 542 stores in 47 states in the United States and six provinces in Canada, told Retailing Today, "the underlying fundamentals of [the company] remain strong, including strong brand name recognition, attractive real estate locations and the fundamentals of the industry are very favorable."
I also seen signs on the way to work for a sale of LIQUD DAY SHUN! ....
Sad sad sad. :yup:
Saw a sign yesterday for our Linens N Things 20 to 40% off. Went in to look around and the store looked like a disaster area.
well my L N T fixture sale just got going i will try to save 2 Shopping Hand Baskets i will wate till 12/18 :yup:
interesting idea...buying a couple of hand baskets....
yup one for me & one for a store to tared for a Woolworth hand basket :insane:
im going to try to get a pic of the millbury on later on
the one in millbury ma still got a toen of stoff avable
QuoteOriginally posted by patk
well my L N T fixture sale just got going i will try to save 2 Shopping Hand Baskets i will wate till 12/18 :yup:
well i got 1 Hand Basket yay
im am sad to say this but the LNT here in cary nc is gone :hurt:
today was its last day i got a 20.00$ dvd for 2.00$!
i was in it 4 days a go and a song played
the song was The World I Know by Collective Soul
it was :hurt: ing me!
this is where i got my Hand Basket
a pic of the outside
(http://img209.imageshack.us/img209/1631/cimg1144pd2.jpg)
thats today
a pic of the inside 4 days ago
(http://img140.imageshack.us/img140/2010/cimg1083da7.jpg)
it was 60 to 80 % 4 days ago then it was 90 to 90 % today!
where is thsi one?
QuoteOriginally posted by patk
im am sad to say this but the LNT here in cary nc is gone :hurt:
today was its last day i got a 20.00$ dvd for 2.00$!
i was in it 4 days a go and a song played
the song was The World I Know by Collective Soul
it was :hurt: ing me!
this is where i got my Hand Basket
a pic of the outside
(http://img209.imageshack.us/img209/1631/cimg1144pd2.jpg)
thats today
a pic of the inside 4 days ago
(http://img140.imageshack.us/img140/2010/cimg1083da7.jpg)
it was 60 to 80 % 4 days ago then it was 90 to 90 % today!
its in cary nc its nere Raleigh NC
QuoteOriginally posted by patk
its in cary nc its nere Raleigh NC
I thought you lived in Lancaster PA!
i do i was in cary nc for x-mas :insane:
Here's the just closed LNT in Buford, GA.
(http://img.photobucket.com/albums/v280/dmx10101/IMG00010.jpg)
All the registers and shelving is still in the one in the Plainville Commons. Sign is off the building leaving just a label scar. Windows for the most part of covered up. There is a For Lease call DDR (Developer's Diversified Realty) sign. It also mentions the space is a little over 35000 Sq. Feet. No pix. Sorry. Forgot my camera.
Linens 'n Things will re-open as an online retailer
http://uk.reuters.com/article/marketsNewsUS/idUKN2639962220090126
What a shame.:(
i still hate Linens 'n Things worst store for the rip off prices
Wrong. Bed Bath Beyond is more expensive than LNT was.
QuoteOriginally posted by Marc82
All the registers and shelving is still in the one in the Plainville Commons. Sign is off the building leaving just a label scar. Windows for the most part of covered up. There is a For Lease call DDR (Developer's Diversified Realty) sign. It also mentions the space is a little over 35000 Sq. Feet. No pix. Sorry. Forgot my camera.
Update. I hear Best Buy is in talks with Developer's Diversified Realty for the Plainville Commons LNT location.
QuoteOriginally posted by Marc82
QuoteOriginally posted by Marc82
All the registers and shelving is still in the one in the Plainville Commons. Sign is off the building leaving just a label scar. Windows for the most part of covered up. There is a For Lease call DDR (Developer's Diversified Realty) sign. It also mentions the space is a little over 35000 Sq. Feet. No pix. Sorry. Forgot my camera.
Update. I hear Best Buy is in talks with Developer's Diversified Realty for the Plainville Commons LNT location.
What about Famous Footwear and Sleepy's?? Wouldn't Best Buy want a larger space?
It could be they are looking for there new mobile concept
They were really trying to become a leader in mobile phones and displace Radio Shack carrying all 3 major providors Verizon Sprint And AT+T
35000 seems pretty small for a full line best buy
i wonder how long the millbury ma one will be empty
Investors acquire Linens 'N Things name; products to be back on store shelves in coming months
By HEATHER NOLAN
February, 11, 2009
As a limping economy causes some bankrupt retailers to disappear, there could be an afterlife.
Imagine, if you will, coming to a globally-known big-box retailer near you - Linens 'N Things.
The home décor store filed for bankruptcy last May. Its Beaumont store closed in December.
Canadian private equity firm Hilco Consumer Capital and Gordon Brothers Brands - a Boston-based company that purchases, sells and licenses brands and other intellectual property - last week agreed to purchase Linens 'N Things' name and logos, according to a Hilco news release.
The two companies will re-launch the Linens 'N Things name this year as a global licensed brand instead of as brick and mortar stores.
Whether the licensed strategy will become a trend and phase out brick and mortar stores remains to be seen, said K.C. Sen, Lamar University's marketing department chair.
If the economy continues to slump and more retail stores liquidate and close as a result of bankruptcy, Sen said companies may take a cue from Hilco and Gordon Brothers and license brand names to retailers.[/quote]
http://www.beaumontenterprise.com/business/local/investors_acquire_linens__n_things_name__products_to_be_back_on_store_shelves_in_coming_months_02-12-2009.html
Some Discount Book Warehouse has temporarily leased the former LNT in the Plainville Commons. Meanwhile the employees at the Best Buy at The Meriden Square said they will be opening new stores in CT in the future but declined to say where. I tell you if a Best Buy and a Borders opens in Bristol, Southington, or Plainville I will never have to go to the Meriden Square Mall again. :-)
I'm surprised that the Farmington location is still apparently vacant. That's near Westfarms. It's a prime location. Correct me if I'm wrong about it still being vacant.
The Salem, NH store is also being leased to a "By the Book" store, pretty cool store, lots of good deals on art books.
millbury ma i still vacent i know it wont be a book store do to barns and noble being in the area
QuoteOriginally posted by Marc82
Some Discount Book Warehouse has temporarily leased the former LNT in the Plainville Commons. Meanwhile the employees at the Best Buy at The Meriden Square said they will be opening new stores in CT in the future but declined to say where. I tell you if a Best Buy and a Borders opens in Bristol, Southington, or Plainville I will never have to go to the Meriden Square Mall again. :-)
Went to that book store in The Plainville LNT last Tuesday. They're using most of the store. The back portion is blocked off and is used for storage. They're using all of LNT's fixtures and shopping carts. All books there are75% regular retail prices. Some of these books they bought from Walmart as they still have Walmart stickers on them. Some good deals there, tho I didn't bring money when I went. The only problem I have with the store is they have X-Rated Books out in the open where anyone (including children) can see them. According to the sign taped on the window this book store is also located in Waterbury in the former LNT on Wolcott Street.
Marc, I went there yesterday and was very impressed with the prices, like you said 75% off. I got one book for my son and want to take the kids there next week to check it out when they are on vacation.
The LNT logo was still on the enterance as you walk in and the sheving and stuff was leftover too. I will make sure to see where the X rated stuff is when my kids are there to keep them away from it.....
I was driving down route 93 south heading to the Southshore Mall in Braintree, MA. Just before exit 6 was this sign lit up as big as life. I had to do a double take on this one, at first I thought wow I haven't seen LNT around in awhile, then I said wait they closed last year?!! What's going on with this sign all lit up at night.
The vacant store front of the former Linens N Things.
A single shopping cart remains in the snow filled parking lot.
The street sign as you enter the shopping plaza is now only half lit.