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LL Flooring, formerly Lumber Liquidators, is going out of business and closing all of its stores

AP Business Writer

NEW YORK (AP) — LL Flooring, the hardwood flooring retailer formerly known as Lumber Liquidators, is going out of business. Less than a month after filing for Chapter 11 bankruptcy protection, the Virginia-based company says it is now “winding down operations” after failing to find a buyer in recent negotiations with prospective bidders. That means all of its remaining stores will soon close their doors. LL Flooring expected to begin to begin the process this week, with closing sales at hundreds of stores slated to start Friday. The retailer says store closures should be completed over the next 12 weeks, with timing varying by location. Scores of workers are set to lose their jobs.

Article Topic Follows: AP National News

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