Liquidation Bonanza Hits North Carolina as Major Retail Chain Crumbles

Flooring Giant's Collapse Sparks Liquidation Frenzy in North Carolina

Photo byJustin LimonUnsplash

LL Flooring, a once-prominent home improvement retailer, announced this week it will shutter all operations, marking the end of an era for the hardwood flooring specialist. The company's decision comes after a failed attempt to secure a buyer following its Chapter 11 bankruptcy filing last month.

CEO Charles Tyson expressed his regret in open letters to customers and vendors, stating, "It is with a heavy heart that we must let you know that we are going to begin the process of winding down LL Flooring's business and closing all of our stores."

The closure impacts approximately 1,960 employees across 430 stores nationwide. In North Carolina alone, 18 stores will cease operations this year. Liquidation sales have already begun, offering customers final opportunities to purchase products at discounted rates.

This development marks a significant shift in the home improvement retail landscape, leaving a void in the specialized flooring market.

Stores closing in North Carolina

All LL Flooring locations are set to close within 12 weeks. Below are the North Carolina locations listed to close.

• Matthews - 11043 East Independence Blvd.
• Charlotte - 1108 Thomasboro Drive.
• Gastonia - 2930 E Franklin Blvd. Ste 39-42.
• Mooresville - 510 River Highway.
• Salisbury - 403 Bendix Drive.
• Hickory - 571 US 70 SW.
• Arden - 495 Watson Road.
• Winston-Salem - 244 Summit Square Blvd.
• Durham - 3157 Hillsborough Road.
• Fayetteville - 1916 Skibo Road.
• Garner - 2558 Timber Drive.
• Greenville - 315 SE Greenville Blvd.
• Raleigh - 2011 Raleigh Blvd.
• Wilmington - 6816 Gordon Road.
• Morrisville - 9557 Chapel Hill Road.
• Kill Devil Hills - 1730 N Croatan Highway
• Burlington - 1809 S. Church St.

Your thoughts

Are you concerned about this news? Are you worried about the number of stores closing across the nation?

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