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Wednesday, oct 9
Tag:
Store closure
Business
LL Flooring To Close Three DMV Stores Amid Chapter 11 Bankruptcy Proceedings
LL Flooring, which filed for Chapter 11 bankruptcy protection, is set to close several stores in Maryland and Virginia amid its financial issues. The flooring company - once known as Lumber Liquidators - plans to shutter the doors of two locations in Maryland, and one in Virginia amid its massive reorganization process. In Maryland, stores in Edgewood (Harford County) and Lutherville (Baltimore County), while in Virginia, the Woodbridge (Prince William County) store is on the chopping block. According to CEO Charles Tyson, who wrote a letter to customers, while they plan to close 94 …
Business
Big Lots To Close Three Maryland Stores
Discount retail chain Big Lots is planning to close dozens of stores this year, according to a filing with the Securities and Exchange Commission (SEC). The retailer, which operates more than 1,400 stores nationwide - including 27 in Maryland - is planning to shutter the doors of approximately 40 locations. The company cited rising costs and inflation as reasons for the move, and a bankruptcy filing could reportedly be on the way. None of Virginia's 42 Big Lots stores are among those listed. In Maryland, stores in Reisterstown, Laurel, and Lexington Park are reportedly among the doz…