Wednesday, March 14, 2012

US home furnishings retailer Linens 'n Things files for bankruptcy protection

Linens 'n Things is filing for bankruptcy protection, the latest U.S. major retailer to succumb to the difficult retail environment.

The bedding- and home-furnishings retailer's parent, Linens Holding Co., has filed a petition for Chapter 11 bankruptcy protection in Delaware.

In March the company said its fiscal fourth-quarter loss widened. It has said it was planning to …

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