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Liquidation is the process in accounting by which a company is brought to an end. The assets and property of the business are redistributed. When a firm has been liquidated, it is sometimes referred to as wound-up or dissolved, although dissolution technically refers to the last stage of liquidation.
Sep 6, 2024 · LL Flooring, formerly Lumber Liquidators, closing all 400-plus stores amid bankruptcy. After 30 years of operation, LL Flooring will be closing after a Chapter 11 bankruptcy filing. The flooring...
Sep 10, 2024 · LL Flooring signed an agreement to sell 219 of its stores to F9 Investments, while the company's new owner says it will rebrand back to Lumber Liquidators.
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LL Flooring, Inc. LL Flooring (formerly Lumber Liquidators Flooring) is an American retailer of hard-surface flooring including hardwood flooring, laminate flooring, vinyl plank flooring, tile flooring, bamboo flooring and cork flooring, as well as flooring tools and accessories. The company filed for Chapter 11 bankruptcy on August 11, 2024.
Sep 5, 2024 · Lumber Liquidators changed its name to LL Flooring in 2021 following a string of PR disasters, including a 60 Minutes piece that included video of the company’s suppliers saying they provided...
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Mar 10, 2024 · The Body Shop has shut down all of its US-based operations and will be closing dozens of Canadian store locations as it files for bankruptcy. In a news release earlier this month, the UK-based...
