(Reuters) -Specialty flooring retailer LL Flooring said on Sunday that it had commenced Chapter 11 bankruptcy proceedings and will pursue a going-concern sale of ... of hard-wood surface flooring ...
Whether newly installed or more than a hundred years old, hardwood floors are a striking feature in many homes. Wood is a naturally resilient material, and sealed with a urethane finish hardwood ...
Charles Tyson, President and Chief Executive Officer of LL Flooring, said, “We are pleased to have reached this agreement with F9 Investments for a going-concern sale following significant ...
Stanley Avenue home retains original features including butler’s pantry, wooden pocket doors, claw-foot tub and gas ...
The hardwood flooring retailer formerly known as Lumber Liquidators signed an agreement with private equity firm F9 Investments for a sale of its business on Friday afternoon. Under terms of the ...
"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 ...
And, given the lack of a buyer, it determined that a sale ... flooring needs." Lumber Liquidators Flooring was founded in 1994 by Tom Sullivan, a building contractor who began purchasing excess ...
But it will no longer offer installation for anyone who buys flooring in the clearance sale. The retailer, which specializes in hardwood flooring, has faced falling sales over the past year as ...