Major Retailer Closing All Michigan Locations
It’s always tough when a well-known store closes its doors for good, and that’s exactly what's happening with LL Flooring, formerly known as Lumber Liquidators.
After 30 years in the business, they’ve made the tough decision to shut down completely.
Major Flooring Retailer Going Out Of Business
Despite a lot of effort to find a buyer, including going through bankruptcy and talking to multiple potential bidders, no deal came through to save the company.
Headquartered in Richmond, Virginia, LL Flooring had 442 stores open nationwide, though they’ve already started closing down some of them. Just last month, they began the process of shutting down 94 locations. Now, it’s official—the entire company is winding down.
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In a statement from the CEO, Charles Tyson, he expressed regret, saying it was with a "heavy heart" that they had to break the news to their loyal customers.
The closure means around 2,000 employees will be out of work, which is always a hard hit for the workforce. As for customers who have open orders, LL Flooring has promised to fulfill those within the next 30 days. However, they’re no longer accepting any new installation orders.
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It’s a sad day for those who’ve relied on LL Flooring for their home improvement needs, especially after three decades of serving communities across the country.
It’s always tough to see a business with so much history have to close its doors, but sometimes, even big names can’t survive in today’s tough retail landscape.
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Gallery Credit: Stephen Lenz