Premier flooring retailer LL Flooring Holdings, Inc. has announced that it’s submitting for Chapter 11 chapter and shall be closing 94 of its shops throughout 31 states.
The flooring retailer operator, headquartered in Richmond, Virginia, is the most recent nationwide retailer to announce a big discount to its bodily footprint. Earlier this summer time, Big Lots and Conn’s HomePlus had been among the many different retailers to have executed so.
LL Flooring was based in 1993 and is a publicly traded firm on the New York Inventory Change below the ticker LL. On Sunday, the corporate introduced it had begun voluntary Chapter 11 reorganization proceedings. Its CEO, Charles Tyson, mentioned that “a difficult macro surroundings” was responsible.
The corporate operates over 400 shops throughout 47 states, however as a part of the chapter procedures, it is going to be closing 94 of these places in 31 states. In a FAQ detailing the chapter proceedings, LL Flooring mentioned it plans to proceed working the over 300 remaining shops as regular.
LL Flooring retailer closing map and record
As for the shops which are closing, the 2 hardest-hit states are California and Texas, with 11 closures every.
LL Flooring says the closing places will open all through the closing course of. It says gross sales on the closing places shall be held by September.
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Right here is the complete record of LL Flooring shops which are closing:
Alabama
- 3305 McFarland Blvd. East, Tuscaloosa, AL 35405
Arizona
- 1845 South Energy Rd, Mesa, AZ 85206
- 2120 S 7TH Avenue, Phoenix, AZ 85034
- 6689 East 1st Avenue, Prescott Valley, AZ 86314
California
- 3601 Ming Avenue, Bakersfield, CA 93309
- 1501 Adrian Street, Burlingame, CA 94010
- 8777 Elk Grove Boulevard, Elk Grove, CA 95624
- 1595 Vacation Lane, Fairfield, CA 94534
- 5091 North Fresno Avenue, Fresno, CA 93710
- 10920 Foothill Blvd, Rancho Cucamonga, CA 91730
- 1043 N Principal Avenue, Salinas, CA 93906
- 2222 Verus Avenue, San Diego, CA 92154
- 240 City Heart Parkway, Suite 102, Santee, CA 92071
- 1431 West Knox Avenue, Torrance, CA 90501
- 3725 South Mooney Blvd., Visalia, CA 93277
Colorado
- 633 Frontage Street, Longmont, CO 80501
- 2985 N Garfield Ave, Loveland, CO 80538
- 930 East 104th Avenue, Thornton, CO 80233
Connecticut
- 1389 Boston Publish Street, Milford, CT 06460
- 430 Common Drive North, North Haven, CT 06473
- 651 Connecticut Avenue, Norwalk, CT 06854
- 1012 Wolcott St., Waterbury, CT 06705
Florida
- 2613 Gulf to Bay Boulevard, Suite 1630, Clearwater, FL 33759
- 33550 S Dixie Freeway, Florida Metropolis, FL 33034
- 2607 NW thirteenth Avenue, Gainesville, FL 32609
- 330 CBL Dr., St. Augustine, FL 32086
- 8444 West Hillsborough Avenue, Tampa, FL 33615
Georgia
- 580 Atlanta Rd, Suite 203B, Cumming, GA 30040
- 593 Holcomb Bridge Rd., Suite 593, Roswell, GA 30076-1509
Illinois
- 1701 East Empire Avenue, Suite 310, Bloomington, IL 61704
- 301 W. Marketview Drive, Champaign, IL 61822
- 4500 W Northwest Freeway, Crystal Lake, IL 60014
- 1467 N. Principal Avenue, East Peoria, IL 61611
- 1530 South Randall Rd., Geneva, IL 60134
- 3080 W. Route-60, Mundelein, IL 60060-4267
- 356 Randall Street, South Elgin, IL 60177
Indiana
- 2117 Independence Drive, Greenwood, IN 46143
- 4315 Commerce Drive, Lafayette, IN 47905
- 1515 West McGalliard Street, Muncie, IN 47304
Iowa
- 321 West Kimberly Street, Davenport, IA 52806
Louisiana
- 3401 U.S. 90, Broussard, LA 70518
- 3415 Derek Drive, Lake Charles, LA 70607
Massachusetts
- 235 Previous Connecticut Path, Framingham, MA 01701
- 110 Water Tower Plaza, Leominster, MA 01453
Maryland
- 2710 Pulaski Freeway, Edgewood, MD 21040
- 2151 York Street, Timonium, MD 21093
Michigan
- 5700 Beckley Rd, Suite 14, Battle Creek, MI 49015
- 4260 twenty eighth Avenue SE, Kentwood, MI 49512
Minnesota
- 2973 Water Tower Place, Chanhassen, MN 55317
- 5139 Freeway 52 N, Rochester, MN 55901-0170
- 3324 Division St West, Saint Cloud, MN 56301
Mississippi
- 4700 Hardy Avenue, Suite Okay, Hattiesburg, MS 39402
Missouri
- 17724 Chesterfield Airport Street, Chesterfield, MO 63005
- 732 S. Vary Line Rd., Suite D, Joplin, MO 64801
- 2618 NE Vivion Street, Kansas Metropolis, MO 64119
Nevada
- 4588 North Rancho Drive, Las Vegas, NV 89130
New Jersey
- 531 Excessive Avenue, Mount Holly, NJ 08060
- 507 King Georges Street, Woodbridge, NJ 07095
- 1450 Clements Bridge Street, Woodbury, NJ 08096
New York
- 700 E. Patchogue Yaphank Rd, Suite 47, Medford, NY 11763
- 8619 Clinton St, New Hartford, NY 13413
- 2040 Forest Avenue, Staten Island, NY 10303
- 24 Kinkel St, Westbury, NY 11590
North Carolina
- 1809 S. Church St., Burlington, NC 27215
Ohio
- 454 Ohio Pike, Cincinnati, OH 45255
- 4242 West Broad Avenue, Columbus, OH 43228
- 2736 Brice Rd., Reynoldsburg, OH 43068
- 6025 Kruse Drive, Suite 141, Solon, OH 44139
Oregon
- 1241 SE Clay Avenue, Albany, OR 97322
Pennsylvania
- 213 W. Lincoln Freeway, Exton, PA 19341
- 150 Lincoln Freeway, Fairless Hills, PA 19030
- 1530 South Columbus Blvd, Philadelphia, PA 19147
Tennessee
- 115 Terminal Street, Clarksville, TN 37040
- 209 S. Royal Oaks Boulevard, Suite 223, Franklin, TN 37064
- 1245 Vann Drive, Jackson, TN 38305
Texas
- 4127 S Danville Dr, Abilene, TX 79605
- 808 Interstate 20, Arlington, TX 76017
- 1140 Harvey Street, Suite 140, School Station, TX 77840
- 2311 Colorado Boulevard, Denton, TX 76205
- 425 Sherry Lane, Fort Price, TX 76114
- 8366 Westheimer Rd, Suite F, Houston, TX 77063
- 620 Katy Ft Bend Street, Suite 330, Katy, TX 77494
- 1101 South Fort Hood St, Killeen, TX 76541
- 3300 West Expressway 83, Suite 197, McAllen, TX 78501
- 3142 SE Navy Dr, Suite 116A, San Antonio, TX 78223
- 1215 S Sam Rayburn Freeway, Sherman, TX 75090
Utah
- 4040 Riverdale Street, Suite A1, Riverdale, UT 84405
Virginia
- 14516 Potomac Mills Rd, Woodbridge, VA 22192
Washington
- 145 E. Stuart Rd., Bellingham, WA 98226
- 1520 Cooper Level Rd SW, Olympia, WA 98502
- 2319 South 1st Avenue, #101, Yakima, WA 98903
West Virginia
- 1020 North Eisenhower Drive, Beckley, WV 25801
- 2838 Pike Avenue, Suite 1A, Parkersburg, WV 26101
Wisconsin
- N81W15180 Appleton Ave, Menomonee Falls, WI 53051
LL Flooring Holdings’ inventory value
As might be anticipated, the inventory of an organization going by financial struggles is probably going not going to carry out nicely. And LL Flooring Holdings, Inc. inventory (ticker: LL) isn’t any exception.
As of the shut of the market on August 9, LL shares had been at $0.8438. That’s a far cry from the start of the 12 months once they had been buying and selling above $3.80 per share. Yr thus far, LL shares have dropped by over 78%
As for the way forward for LL Flooring, the corporate says it at the moment has no plans to shut further shops by the Chapter 11 chapter course of.
