LL Flooring to close 94 stores, files for bankruptcy

LL Flooring, formerly known as Lumber Liquidators, has filed for bankruptcy and will close 94 stores in 30 states.

The company filed the paperwork in Delaware bankruptcy court on Sunday, USA Today reported, saying it has almost $10 million in debt.

The legal filing cited slow home sales and rising interest rates after the COVID-19 pandemic as affecting the company’s sales, Bloomberg reported.

As part of the bankruptcy plan, LL Flooring will stop accepting gift cards at all locations, no matter if they are closing or staying open, starting on Sept. 4. The company says it has about $131 million in outstanding gift cards.

Here are the list of stores that are closing by state:

Alabama

Arizona

California

Colorado

Connecticut

Florida

Georgia

Illinois

Indiana

Iowa

Louisiana

Massachusetts

Maryland

Michigan

Minnesota

Mississippi

Missouri

Nevada

New Jersey

New York

North Carolina

Ohio

Oregon

Pennsylvania

Tennessee

Texas

Utah

Virginia

Washington

West Virginia

Wisconsin

While it is closing 94 stores, the other 300 locations will remain open for now. More stores may close if a buyer is not found, USA Today reported.