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Linens 'n Things Bankruptcy

Linens 'n Things Files For Bankruptcy, Try to Use Your Gift Cards

The possibility of Linens 'n Things filing for Chapter 11 bankruptcy has been on our radar for two weeks. While they attempted to avoid this decision by postponing debt payments and searching for a buyer, they were unable to come up with another solution and today the company filed for Chapter 11 protection.

With its 500 US stores the company is second to Bed Bath & Beyond in terms of housewares chains, and according to the New York Times Linen's 'n Things plans to close 120 stores. The fate of your gift cards is up in the air, as federal law says Linens 'n Things isn't obligated to honor the cards since filing for Chapter 11 bankruptcy.

Join The Conversation
Liss1 Liss1 9 years
I hope they don't close the one near me, but i do hope they have great sales :)
elissakay elissakay 9 years
how do we know which stores will be closed? Do you think the website would say? I have to say, I've been wanting the george foreman with removable plates forever.
eeeyore138 eeeyore138 9 years
i wonder what will happen to my friend's wedding registry there?
sugargumbaby sugargumbaby 9 years
Sun_Sun Sun_Sun 9 years
its scary...the economy is just sh*t
aimeeb aimeeb 9 years
bellaressa bellaressa 9 years
Is it bad that I am waiting for the sales.
j2e1n9 j2e1n9 9 years
Sad :(
emalove emalove 9 years
I wonder if there'll be any good sales??
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