it is now “winding down operations” after failing to find a buyer in recent negotiations with prospective bidders. That means all of its remaining stores will soon close their doors.
“This is not the outcome that any of us had hoped for,” LL Flooring CEO Charles Tyson wrote in a letter to customers. “As we begin to wind down operations and close our stores, we are committed to doing so as smoothly as possible to minimize the impact on you, our associates and the communities we serve.”
LL Flooring’s history dates back more than 30 years. The brick-and-mortar retailer, founded by Tom Sullivan, got its start in 1993 as a modest operation in Massachusetts, later expanding operations nationwide.
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