Bankrupt LL Flooring gets last minute rescue with new owner – but 200 stores are still set to close for good ...Middle East

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Bankrupt LL Flooring gets last minute rescue with new owner – but 200 stores are still set to close for good
A MAJOR home improvement chain is reversing its course of action after announcing it would shutter all its stores. Bankrupt chain LL Flooring managed to secure a new buyer, but the Home Depot rival will still close hundreds of locations. LL Flooring announced a major reversal after securing a buyerGetty Formerly known as Lumber Liquidators, the flooring chain filed for Chapter 11 bankruptcy in August and was working to negotiate with buyers to sell the company. In a statement last Wednesday, LL Flooring announced it was unable to secure an offer and planned to shutter its remaining locations. However, the flooring company secured a last-minute buyer and will revers

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